Should be sustainable, the following post courtesy of DaLatta on the uranium thread:
WNA figures just out show that planned reactors (finance approved) increased by 14 during the month to 157. The was due entirely to China increasing from 37 to 51.
China alone total planned + proposed reactors increased from 157 to 161.
World total building + planned + proposed reactors increased to 521 compared to 442 currently operating = +122%. Looks like solid demand + an increasing U price is guaranteed!
New Totals:
Operating = 442 (1/1/2007 = 435)
Building = 62 (1/1/2007 = 28)
Planned = 157 (1/1/2007 = 64)
Proposed = 322 (1/1/2007 = 158)
TOTAL = 983 (/1/2007 = 685)
[+43% in 4 years]
Source: http://www.world-nuclear.org/info/reactors.html
wyo. uranium industry bullish amid rising pric, page-3
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