Uranium predicted to recover, yet short sellers remain active

Resource Investing News

Data Explorers reports the prediction of recovery of the uranium sector.

Data Explorers reports the prediction of recovery of the uranium sector.

The market news is quoted as saying:

The Fukushima disaster caused the largest fall in the price of uranium for two years, yet a floor may have been reached as aggressive nuclear plans announced by China and India will double global uranium production, according to Bloomberg.

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