http://etfdailynews.com/2014/02/02/uranium-etf

While Silex sleeps the world is getting hungry for U235...


http://etfdailynews.com/2014/02/02/uranium-etfs-could-be-a-great-play-for-2014/


The nuclear industry fell on hard times and piled up heavy losses following the Fukushima disaster in March 2011, which resulted in the near-collapse of the uranium sector. In fact, the price of uranium plummeted 51% since the meltdown.

With the ongoing nuclear developments globally, the sector seems back on track. A major development is underway in Japan which is looking to restart its 50 shuttered nuclear power plants later this year. China is also seeking to expand its nuclear power capacity to 40 million kilowatts by 2015 and 58 million by 2017 from 12.54 million kilowatts at the end of 2011.

Further, other nations like India, France, Romania, South Korea, Bangladesh, Turkey and the UAE are also focusing on the development of the industry. Beyond these expansions, the need for new energy sources to avoid the negative effects of using coal and to reduce greenhouse gases has resulted in growing demand for uranium, driving the nuclear power sector (read: Will the Clean Energy ETF Surge Continue in 2014?).



On the supply side, most of the top uranium producers have been suffering from a series of operating problems that led to mine closures in Australia, Namibia and the Republic of Niger. This has reduced the global supply by about 15%. In addition, a deal between the U.S. and Russia wherein the latter recycles uranium from Soviet-era nuclear weapons for the former has expired, curtailing the supply of uranium.

In fact, the uranium market will likely see a supply deficit in the coming years as more power plants – as much as 33% – are expected to come online by 2030, as per the World Nuclear Association.

Rising demand coupled with falling supply would result in higher uranium prices as we move ahead in the year.

... Article continues but talks about ETFs