Kristoffer Inton, an Analyst with Morningstar is forecasting global Uranium demand to grow roughly 40% by 2025.
This demand growth is expected to be largely driven by reactor capacity expansion in China.
China, currently, has 48 operational reactors, with 11 more under construction and plans for a further 42.
In 2019, the country's nuclear electricity generation rose by 18.1% from the previous year to 348.13 TWh.
Rick Rule`s case for uranium breakout, page-2
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