Not sure if it is posted. Full article...

Not sure if it is posted. Full article at:
http://www.bloomberg.com/news/2013-10-06/areva-urges-clients-to-buy-uranium-as-price-rebounds.html

Nuclear power plant operators benefited from a slump in uranium prices following the reactor meltdown in Japan’s Fukushima facility. Areva SA (AREVA), the second-biggest producer of the metal, says that’s about to end.
Power utilities need to boost orders of uranium by 2015 or face potentially soaring prices as new atomic plants come on line in addition to reactivated reactors in Japan, Olivier Wantz, who heads Areva’s mining division, said in an interview last month.
Enlarge image Uranium Ore
Rail trucks loaded with uranium ore wait for transportation at a uranium mine operated in Rozna, Czech Republic. Photographer: Vladimir Weiss/Bloomberg
“It would be wise for buyers to make decisions in 2015 at the latest,” he said at the company’s headquarters near Paris.
Uranium prices in August plunged to the lowest level in more than seven years, still suffering from a drop in demand following the March 2011 meltdown of the Fukushima Dai-Ichi plant that was caused by an earthquake and a tsunami. Even with some western nations such as Germany shutting nuclear plants, new reactors in emerging markets such as China and India are now reversing that trend, Areva said.
“All new nuclear plants will significantly boost demand in coming years, even taking into account the phasing out of German plants” by 2022 and other possible closures,Wantz said. “We see first a stabilization of prices, with the start of a pick-up as soon as 2014.”