Sunday, May 26, 2013

One aspect of energy generation that doesn't get
much notice is nuclear.  In the US and Europe it
has a bad reputation but in China, Russia, and India
it's growing.
An investment in uranium mining is looking attractive.
This year the "Megatons to Megawatts" program expires.  This was
the agreement to use uranium from old USSR weapons
in civilian reactors.  New uranium sales will probably be
at higher prices.

Plus this week an Al Qaeda group attacked a uranium mine
in northern Africa and production might be affected.

No comments:

Post a Comment