Mon, Aug 31, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Uranium is ready to roar back

Posted on 24 February 2014

Uranium prices are set to improve significantly in 2014 for a number of reasons. Today, the fundamentals for uranium and nuclear power generation are stronger than ever. More reactors are under construction, planned and proposed than before the Fukushima incident. For uranium prices to appreciate in the foreseeable future, one must look not only at the reactors under construction worldwide, but the ones coming online soon.
China has 28 reactors under construction, yet 5 are ready to be connected to the grid this year. Japan has submitted applications for 17 reactors to be restarted, whereas analysts are expecting at least 6-8 reactors to be granted permission for restart in 2014. Both China and Japan are set to add vast amounts of demand back into the uranium market………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 42143 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031