IAEA Predicts Uranium Supply Will Fail to Meet Demand

FM reported the uranium market is set to rise as demand for alternative energy resources increases globally.

As quoted in the market news:

According to International Atomic Energy Agency (IAEA) statistics, in 2009 SA had the world’s fourth-largest reserves of uranium but was only the 10th- largest producer. Namibia, with the ninth-largest reserves, was the fourth-biggest producer. Several of its more explored deposits have recently attracted interest from Chinese investors.

Click here to read the full FM report.