Uranium Reaction

Versant Partners reported on the post-Fukushima reaction and its impact on the uranium markets.

The market news is quoted as saying:

Switzerland is one of the three countries with the most adverse reactions to nuclear power post-Fukushima (the others being Germany and Italy). With countries around the world moving forward with nuclear power, the actions of the Swiss Senate may indicate a softening in their stance. In other Swiss news, the country’s Federal Nuclear Safety Commission declared that Switzerland’s five nuclear power stations can cope with the kind of severe flooding that only occurs once in every 10,000 years. An assessment of their ability to withstand major earthquakes is expected in March 2012.

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