Money Morning reported that, given the demand in emerging markets for uranium, there is an expectation that uranium prices will rebound.
As quoted in the market report:
Global Data’s research is in agreement with Money Morning Resource Specialist, Peter Krauth. In a recent article, Krauth stated that this year alone 65 nuclear plants are under construction, with another 160 reactors in the planning stage and 340 more proposed nuclear plants. The vast majority of this activity is occurring in emerging economy nations.