Top Reasons To Get Bullish On Uranium Heading Into The New Year

( MENAFN – Baystreet.ca) Top Reasons to Get Bullish on Uranium Heading into the New Year

Uranium prices could race to higher highs. For one, there’s a good deal of global demand, with about 55 new reactors being constructed in 15 countries, including China, India, and Russia, according to World-Nuclear.org.“About 90 power reactors with a total gross capacity of about 90,000 MWe are on order or planned, and over 300 more are proposed. Most reactors currently planned are in Asia, with fast-growing economies and rapidly-rising electricity demand.” All of which could be beneficial for uranium companies, such as Anfield Energy Inc. (TSXV: AEC) (OTCQB: ANLDF), Uranium Energy Corp. (NYSE: UEC), Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR), Cameco Corp. (NYSE: CCJ) (TSX: CCO), and Denison Mines Corp. (NYSE: DNN) (TSX: DML). In addition, global leaders are attempting to cut back on harmful emissions, which could increase dependency on uranium. In […]

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