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Bloomberg reported Areva (EPA:AREVA) has said it expects uranium demand to freeze before 2014.
Bloomberg reported Areva (EPA:AREVA) has said it expects uranium demand to freeze before 2014.
As quoted in the market news:
Areva SA (AREVA), the world’s largest maker of atomic reactors, predicted the market for uranium will suffer from a glut before nuclear fuel demand rebounds from 2014 as the industry reels from last year’s meltdown in Japan.