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Kazakhstan: An opportunity in uranium

Posted on 02 December 2009

From Hardassetsinvestor.com: The revival of interest in nuclear power in the wake of record-high oil prices and despite environmentalists’ opposition will prove a boon for uranium-producing nations. Current global production of uranium is approximately 40,000 tons annually.
The math of the analysts quoted above on China’s needs means that without increased production, China alone would consume 55 percent of current world output within a decade……………………………Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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