Demand for Uranium Forecasted to Increase in Near Future
Last month, the director of International Consolidated Uranium, Anthony Milewski, commented that global sentiments on uranium were improving, with nuclear fuel slowly gaining attention once more following a decade in the dark after the Fukushima nuclear disaster. Radioactive metals plutonium and uranium are usually used in nuclear fuel. Of the two, uranium is the main fuel used by nuclear plants and reactors as its atoms split apart easily. The metal is considered to be a nonrenewable energy source. Milewski observed that most governments were now willing to talk about nuclear energy, given that most countries across the globe were focused…