NEW YORK, NY — (Marketwire) — 07/21/11 — After a sluggish four months following the disaster at Japan–s Fukushima nuclear plant, uranium stocks are finally recovering. Research indicates that any price weakness in the uranium market should be short-lived, as nuclear energy demand continues to grow. The Bedford Report examines the outlook for companies in the Uranium Sector and provides investment research on Uranium Resources, Inc. (NASDAQ: URRE) and Cameco Corporation (NYSE: CCJ) (TSX: CCO). Access to the full company reports can be found at:
Ritter Group and market analysts– claim that China, India and South Korea are maintaining their nuclear build plans while Saudi Arabia, the United Arab Emirates, Turkey and Vietnam have all announced new nuclear plans. Ritter Group says that it sees uranium demand growing by an average of 4% per year through 2014.
The State-run newspaper, China Daily, says that China could resume the approval process for new nuclear power projects by mid-2012. China is building about 28 reactors, roughly 40 percent of the global total under construction, as the central government boosted approvals in the past two years.
The Bedford Report releases stock research on the Uranium Sector 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 and get exclusive access to our numerous analyst reports and industry newsletters.
Uranium Resources is a uranium exploration, mine development and production company engaged in acquiring and developing uranium mines in South Texas using the in-situ recovery mining process. The company announced last month that it began exploratory drilling on the 54,847 acres in Kenedy County, Texas, known as the –Los Finados Project.–
Cameco is one of the world–s largest uranium producers, whose uranium products are used to generate electricity in nuclear energy plants around the world. Cameco says that it sees continued strong demand for the nuclear fuel, despite the Fukushima disaster.
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