Australian uranium in demand as China goes full steam for nuclear

Despite reactor closures in Europe and the U.S., the global outlook for uranium looks bright, with Asia’s burgeoning nuclear energy industry fuelling demand for the radioactive metal.

Australia’s uranium market is also set for a bright future, with a strong possibility of new mines opening in Western Australia provided global demand strengthens as forecast.

And, as with so many of the world’s minerals, Chinese demand is a key driver.

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