Czech Republic Should Expand Uranium Mining

Reuters reported the Czech Republic should boost uranium mining to increase energy production and capitalize on future prices.

As quoted in the market news:

Once one of the world’s top ten uranium producers, the Central European country of 10.5 million significantly cut production at its mines after the collapse of the Communist regime in 1989.

The Czech Republic’s only active mine at Rozna in the eastern part of the country is scheduled to close down as soon as 2014. It has potential reserves of more than 1,000 tons.

Click here to read the full Reuters report.