Uranium Demand May Rise On Increased Nuclear Energy In China

The Paragon Report announced a new study which analyses the future of the uranium industry as it makes a slow come back from the Fukushima nuclear disaster due to increased demand from China.

As quoted in the press release:

Uranium prices are currently around $50 a pound, roughly 50 percent lower since the disaster. More than a year after the incident the Uranium Industry may finally be on the road to recovery on renewed demand from China. The Paragon Report examines investing opportunities in the Uranium Industry and provides equity research on Uranium Energy Corp. (NYSE: UEC) and Ur-Energy Inc. (NYSE: URG) (TSX: URE).

Click here to read the Paragon Report press release.