Expect Uranium Demand to Stop

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.

Click here to read the full Bloomberg report.