Uranium Demand to Surge 38 Percent by 2020: Report

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.