A Grand Canyon of supply deficit is opening up in the uranium markets, with 66 nuclear reactors under construction globally and more restarting in Japan.
World Nuclear Association report says declining secondary supply, Asian and Middle East reactor builds necessitate whole new mined uranium pipeline by 2025.
Economic assessment of Triple-R project in the Athabasca basin envisages building $1.1 billion hybrid mine producing more than 100m pounds over 14 years.