Uranium
Uranium is required for nuclear power which is the second-largest source of low-carbon electricity today. In addition to being low carbon, it is also a stable source of baseload electricity without the need for expensive storage.
According to the Internal Energy Agency, over the past 50 years, the use of nuclear power has reduced CO2 emissions by over 60 gigatonnes.
Australia and Canada have significant known uranium resources.
Tri-Star has a substantial portfolio of exploration tenements in South Australia which are prospective for Uranium. These tenements are proximate to uranium production supply chains.
Tri-Star also has investments in uranium projects in Canada.
Other resources
Minerals
Global demand for minerals is set to skyrocket, to double or even quadruple existing demand by 2040 according to the International Energy Agency.
To meet this demand, new mineral resources must be found. This will involve greenfield exploration.
Coal
Coal remains critical for energy security and is currently a non-substitutable input into cost-effective steel production.
Petroleum
Petroleum is and is forecast to remain essential for global energy security. Global disruption and supply chain shocks continue to demonstrate the vital role of diversified petroleum supply.