Australia Uranium Stocks ‘Undervalued’ on Pent-up Global Demand

Bloomberg Businessweek reports on Australian uranium stocks ‘undervalued’ despite the growing global demand.

The top story is quoted as saying:

Uranium prices, which last month climbed to the highest level in more than two years amid a pickup in demand from China, will rally as the global economic recovery spurs countries in Europe and Asia to increase purchases, they said.

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