Mining Weekly reported GBI Research announced it expects uranium production to increase over the next year.
As quoted in the market news:
GBI said this week that Asia’s significant reserves would likely meet the increased demand for yellowcake.
In a new report on the Asia-Pacific uranium market, GBI suggested that mounting demand for nuclear power generation would boost uranium prices, allowing the Asia-Pacific uranium industry to profit, but only if overcome environmental and professional hazards could be overcome.
