Uranium Production Ready to Rise

Mining Weekly reported GBI Research announced it expects uranium production to increase over the next year.

As quoted in the market news:

GBI said this week that Asia’s significant reserves would likely meet the increased demand for yellowcake.

In a new report on the Asia-Pacific uranium market, GBI suggested that mounting demand for nuclear power generation would boost uranium prices, allowing the Asia-Pacific uranium industry to profit, but only if overcome environmental and professional hazards could be overcome.

Click here to read the full Mining Weekly report.