Laramide Resources CEO Mark Henderson reveals the strategic decision to exit Kazakhstan's greenfield uranium exploration after government policy changes the sector, requiring 75-90% state control in future discoveries. With uranium prices surging past $100/lb in late January 2026 amid a deepening global supply deficit projected to push demand toward 400 million pounds annually by 2040, Henderson details the pivot to accelerating high-priority assets: the advanced Churchrock ISR project in New Mexico advancing under the U.S. FAST-41 permitting process toward potential 2027 production, the large-scale Westmoreland project in Australia with over 65 million pounds of resources and significant exploration upside, plus updates on Crownpoint, La Jara Mesa, and other U.S. holdings.
Company website: https://laramide.com/

🗓️ Recording date: January 28, 2026

📖 Chapters
00:00 Intro
01:20 – Why Enter Kazakhstan?
03:10 – Kazakhstan Policy Shift & Exit
04:50 – Working in Kazakhstan Experience
05:50 – Pivot to Churchrock & Westmoreland
07:00 – Uranium Demand to 400M lbs by 2040
08:20 – Churchrock FAST-41 & 2027 Timeline
10:40 – Westmoreland 65M+ lbs & Upside
12:00 – Uranium Hits $101 – Economics Impact
13:50 – Uranium vs Silver Deficit Outlook
16:10 – La Jara Mesa & US Mill Needs
18:00 – Crownpoint Update
20:20 – La Sal (Utah) Permitted Project
23:30 – Australia Exploration Plans
25:10 – Boss Resources Relationship (20%)
27:20 – Stock Rise & ETF Flows
29:10 – Nuclear & Data Center Tailwind
30:30 – Upcoming News & Closing