uranium: the trade of the decade

RSL looking good at these prices...imo

Though the Fukushima Nuclear Disaster led to a decline in global demand for uranium and subsequently depressed commodity and equity prices, we are now witnessing resurgence in demand for the mineral and a rise in uranium related stocks. To the astute investor, this makes sense, chiefly because we are yet to find a viable alternative to nuclear energy.

March 2011: The Fukushima Nuclear Disaster was described as the largest nuclear disaster since Chernobyl in 1986. Following the disaster Germany, Italy and Switzerland announced plans to scale down their nuclear ambitions. Many other countries halted their nuclear programs to re-access safety measures.

1.5 years later,

"Fukushima has delayed nuclear development by three or four years, but construction continues" - Luis Echávarri, Director General-Nuclear Energy Agency

"Japan, weighing a nuclear-free power grid, finds cost daunting"

"Uranium Demand on the Rise as China Plans to Build as Much as 100 Reactors over the Next Twenty Years"

"India looks at forming JV to buy Uranium mines abroad", "India looks for FDI to boost Nuclear Energy sector"

These are some of the headlines we've been reading in the newspapers lately. The increasing energy demand, greenhouse-effect concerns and uncertainty in the supply of fossil fuels have contributed towards a renewed interest in nuclear energy. Global nuclear energy production is expected to increase by about 100% over the next twenty years. This is largely due to significant growth in the emerging markets, especially Asia. The chart below depicts the worldwide requirements of energy in the following years.

more here

http://seekingalpha.com/article/851331-uranium-the-trade-of-the-decade-and-stocks-to-consider