IAEA Report Shows Global Demand for Nuclear Remains Strong as Some Countries Have Accelerated Nuclear Projects
17.09.2012 | Marketwire
Five Star Equities Provides Stock Research on Uranerz Energy and Uranium EnergyNEW YORK, NY -- (Marketwire) -- 09/17/12 -- September 17, 2012 - Investor optimism within the Uranium Industry appears to be gaining momentum in 2012 as Japan has begun to bring nuclear reactors back online. The Global X Uranium ETF (URA) is up nearly 8 percent in the last month as the growth outlook of Nuclear Energy appears strong after falling hard last year on Japan's nuclear disaster. The ETF collapsed over 50 percent last year in the wake of the Fukushima disaster. Five Star Equities examines the outlook for companies in the Uranium Industry and provides equity research on Uranerz Energy Corp. (NYSE: URZ) and Uranium Energy Corp. (NYSE: UEC).
Access to the full company reports can be found at:
www.FiveStarEquities.com/URZ
www.FiveStarEquities.com/UEC
The International Atomic Energy Agency (IAEA) in its "Nuclear Safety Review" report for 2012 finds that demand for nuclear around the globe remains strong. It noted that countries such as China, India, the Republic of Korea, Turkey, United Arab Emirates and Vietnam still look to nuclear energy to meet their growing energy demands, while other countries have even accelerated plans for additional nuclear power.
"For example, France is building its first advanced reactor, with plans for a second already being drawn up; the Russian Federation seeks to double its nuclear energy output by 2020, with several reactors around the country currently under construction; and, the United Kingdom has plans to build additional reactor units," IAEA said.
Five Star Equities releases regular market updates on the Uranium Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Uranerz is a mining company focused on near-term commercial in-situ recovery uranium production, and is currently constructing its first ISR mine in Wyoming. ISR is a mining process that uses a "leaching solution" to extract uranium from sandstone uranium deposits. The company recently reported it had found good uranium grades in wells drilled during the Nichols Ranch production well-field installation.
Uranium Energy is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine. The company controls one of the largest databases of historic uranium exploration and development in the country. Using this knowledge base, the company has acquired and is advancing exploration properties of merit throughout the southwestern U.S.
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