Nuclear fission reactors depend on Uranium as its primary energy source. Nuclear energy is a safe, efficient, and emission-free way to produce energy without using up fossil fuels.
Until lately, Uranium prices have been largely depressed. But now the demand is so strong that the market isn’t expected to be satisfied with the current supply.
The future is very bright for CanAm as analysts believe uranium prices will continue to increase as demand grows stronger, and supply runs short. In 2006, only 65% of the demand was met, and it is expected that the percentage of completed orders will be even fewer this year.
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