South Africa Considers Rebuilding Nuclear Facilities

Reuters reported South Africa is pondering reestablishing its uranium enrichment facilities as the nation seeks fuel for nuclear energy.

As quoted in the market news:

Africa’s largest economy, which announced more than 40 years ago that it would enrich uranium as part of a military-linked strategy during the Cold War, wants another 9,600 megawatts of nuclear energy to help shore up a power grid under pressure from rising demand and decades of under investment.

Click here to read the full Reuters report.