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    market news

    Uranium Demand to Surge 38 Percent by 2020: Report

    Investing News Network
    May. 27, 2013 05:31AM PST
    Energy Investing

    ESI Africa reported that, according to a new report from Global Data, demand for uranium will increase by 38 percent over the next eight years, as nuclear energy becomes increasingly popular.

    ESI Africa reported that, according to a new report from Global Data, demand for uranium will increase by 38 percent over the next eight years, as nuclear energy becomes increasingly popular.

    As quoted in the market report:

    The worldwide demand for nuclear fuel marginally decreased at a negative average annual growth rate of 0.9% between 2006 and 2012, but a number of reactors expected to come online by 2020 will see the need for uranium jump significantly.

    To view the whole ESI report, click here.

    nuclear energymarket news
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