How large will the demand be for U Fuel, in the near future ?
This news item was found by my new girlfriend yesterday,
Energy and Capital Date sent 08/26/2011 07:08:54 am Subject: U.S. Begs for More Nuclear
"In a speech this week entitled "Future of Nuclear Power After Fukushima," former Atomic Energy Commission chairman M.R. Srinivasan said India plans to boost its nuclear capacity by 50,000 to 60,000 MW in the next 20 years.
That's at least 50 new 1,000 MW plants! "
All require requre fueling !
And there is more,
"American power plants consume about 55 million pounds of the metal every year to generate 20% of America's electricity, yet the U.S. produces only 3.5 million pounds, and U.S. production has been falling.
Today, mined uranium supplies about 66% of global reactor demand; "
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