Uranium watch shows the future is still nuclear

SMH reports that the future is still nuclear.

The market news is quoted as saying:

Yes, the future of nuclear energy is under immediate review but a number of indicators suggest that the review may turn in a surprising direction. The simplest indicator of what the market thinks will happen is uranium prices (that is “spot” prices, which represent about a fifth of all uranium traded). In the days after the Fukushima crisis, the spot price fell 20 per cent, but it has since rebounded 13 per cent to settle back at about $US60 a pound, suggesting business as usual in the broader uranium market.

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