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Uranium demand, prices under pressure

THE fallout from Japan’s nuclear disaster may delay nuclear growth plans in uranium-hungry China, India, South Korea and Russia while the plunge in uranium price is expected to delay the development of new uranium projects, according to analysts.

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Uranium demand, prices under pressure

In a global markets research note, Deutsche Bank said that if Japan, which currently represents some 13% of uranium demand, were to keep its nuclear reactors shutdown this would lower global demand by...

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