Kristen Moran reports that the uranium price has trended downward since the 2011 Fukushima disaster left the world feeling uncertain about the future of nuclear power. Uranium-focused companies saw their share prices drop along with it, and countries like Germany and Italy abandoned their nuclear programs. However, now that reactors in Japan are slowly coming back online, attitudes toward nuclear energy are also beginning to shift, with countries like China and India looking to switch from other energy sources to uranium. Many experts and analysts believe that new demand and the lack of new uranium mines coming into production will create a supply deficit in the coming years, perhaps as early as 2018. Have a look at the major catalysts that are expected to affect the uranium price.
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