The uranium price is back on the boil, and companies and markets are adjusting accordingly

© Reuters. The uranium price is back on the boil, and companies and markets are adjusting accordingly The uranium mining sector took a huge hit after the Fukushima nuclear accident in Japan in 2011, and has still yet fully to recover.

But the world has other pressing issue to contend with: climate change, and pulling billions of the world’s poor out of poverty.

Nuclear can help with both and, after a suitable post-Fukushima time-lag, it’s coming back into fashion.

All the main candidates for US President in next year’s election are pro-nuclear, except for Robert Kennedy Junior.Donald Trump is in favour, and incumbent Joe Biden can’t afford to undermine his green credentials by switching out of nuclear to oil or other more carbon-intensive energy sources. Ron De Santis told reporters in February that nuclear was the cleanest source of power “of all.”Over in China, they’re building nuclear power stations by the dozen, […]

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