tasks facing the nuclear industry

Who is providing the publicity to educate society that nuclear power is safe? Fukushima really was unfortunate but in the end it didnt melt down! Today's reactor designs cant 'meltdown' and they are considerably safer than Fukushima.

“ Equity market response to the
Fukushima disaster has been
dramatic and enduring, with ASX
listed uranium equities trading
below half the level prior to the
Fukushima disaster. Moreover,
this negative backlash has
occurred independent of whether
companies primary assets are
at the exploration, development
or production stage.”
– RFC Corporate Finance

Fukushima Events

The tragic and well documented events that occurred on the
north-eastern coast of Japan on the 11th March 2011 were not
only a demonstration of the force of mother nature and her ability
to thrust chaos upon the human race, but also highlighted the
vulnerabilities of the uranium market, which stem largely from
the lack of public awareness about the nuclear industry.
The Fukushima nuclear power plant withstood an almighty test that
day which came in the shape of a magnitude 9 earthquake, the fifth
largest of all time, but was not able to fend off the 15 metre tsunami
which followed as it washed out the plant’s back-up power supply.
In the wake of the Japanese disaster, one of the most crucial
tasks facing the nuclear industry and its key players is the removal
of the ‘fear factor’ of uranium, in which a large percentage of the
general public and certain media outlets around the world view
the energy source.
The sensationalist reporting of the incident in conjunction with
the already minimal understanding of the general public, heightened
fear levels and propelled the issue of nuclear safety back into
world headlines. This point was highlighted in a recent issue
of The Alchemist by RFC Corporate Finance Ltd. “Fukushima drew
widespread calls for halting nuclear growth. However, this was
largely from non-nuclear power countries, and pro-nuclear countries
remain committed to growth in the industry.”
An interesting observation made was that while the spot uranium
price has recently approached the lows hit immediately following
the Fukushima disaster, the term price for uranium has fallen
comparatively little and remains above January 2011 levels.
This therefore indicates that industry participants recognise the
long-term supply and demand imbalance facing the industry,
highlighting the attractive long-term fundamentals within the sector.
Estimates of new nuclear capacity are widely varied, but do point
to significant increases driven by growth in China, India, Russia and
South Korea. The World Nuclear Association estimates a combined
150 GWe of capacity will exist in these nations by 2020.
“The uranium market faces rapidly increasing demand as Asia’s
growth flows through to increased nuclear power generation
capacity at a time when secondary supply is at risk and external
factors affect mine production growth” – The Alchemist, RFC.
A-Cap’s goal is to be ready to supply a portion of the required
raw material to bring this projected growth to reality.

http://acap.com.au/wp-content/uploads/2011/09/11924_ACAP_Annual_Report_72dpi.pdf