The demand for nuclear power is set to rise significantly not only from consumers in the Far East but also from domestic U.S. consumers as the adoption of cleaner energy continues. Uranium Energy Corp CEO Amir Adnani believes that by 2030, the People’s Republic of China will have more nuclear generation than the United States, which will significantly increase the demand for uranium and the profile for nuclear generation.
At the start of last week, uranium futures rallied to $50 per pound from the mid-August price of $30 per pound…
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