Japan Without Nuclear Power, Uranium Moves

IBTimes reported Japan is completely without nuclear energy as it shutdown its last power plant on Tuesday.

As quoted in the market news:

With Japan currently out of the equation, the world’s largest uranium producer, Canada’s Cameco, has suggested at its quarterly earnings result that the near-term uranium outlook remains subdued, although the company has been seeing an increase in interest from long-term customers looking for supply over five years. Demand is spread evenly across the US and Europe, with China and India adding to the mix and even one Japanese utility sniffing around, thus adding weight to analyst expectations noted above.

Click here to read the full IBTimes report.