Cobra Resources is a well-funded private company with a clear objective to actively explore and de-risk low cost energy projects. With over 10 years’ experience in Namibia, Cobra draws on their expertise to locate and advance mineral projects critical to the future energy demands of a growing global population.
Nuclear power, fuelled by uranium, accounts for approximately 11 percent of the world’s electricity requirements and provides a carbon free, efficient, reliable and abundant source of base-load electricity.
Low cost and above all else a reliable supply of base-load power is deemed instrumental in assisting developing countries to grow and innovate in direct competition with developed nations. With growing environmental responsibility Nuclear still offers one of the cleanest energies on the market.
A single nuclear reactor prevents the emission of approximately 3.0 million tonnes of CO2 per year. Allowing developing nations to revolutionise and remain green.
The Nuclear Fuel Cycle begins with the mining of Uranium, a relatively abundant mineral within the earths crust. Followed by milling, conversion and enrichment where the natural occurring Uranium undergoes several upgrades culminating in fission to release enormous amounts of energy.
Material which is vastly depleted of Uranium is set aside as tails which can be re-enriched once more before remaining in storage as a waste product.
Finally the enriched uranium is converted to uranium dioxide powder, at a fuel fabrication facility and formed into ceramic metals tubes which bundled together make fuel assemblies. It is these that are shipped to the Nuclear Power Plants for energy production.
Spent fuel is then be stored in fuel pools before being transferred to dry cask and stored at geologically stable locations while the Uranium isotopes naturally breakdown.
