World Gone Green Good for Uranium Miners

Increasing global demand for nuclear power equals increasing demand for uranium supplies. And while the supply side is expected to be in a surplus over the short-term, the longer term outlook is still bullish.

The first nuclear plant of what some are calling “one of the world’s most ambitious expansions of nuclear-power capacity” is expected to come online by 2018. Many of the 10 plants will replace existing reactors that will soon reach the end of their life. This way, the plants will be in areas that already support nuclear power.

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