Power utilities are urged to purchase more uranium by 2015

10/8/2013 | Bloomberg

France's Areva advised power utilities to purchase more uranium by 2015 as the startup of new reactors and the restart of Japan's nuclear plants could lead to higher prices for the commodity. "All new nuclear plants will significantly boost demand in coming years, even taking into account the phasing out of German plants" by 2022, said Olivier Wantz, head of Areva's mining division.

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