An Australian Royal Commission has issued a report that almost 50 companies are exploring for uranium deposits throughout the country. After almost a decade of dwindling activity, the uptick has heartened the construction industry, which would build the supporting infrastructure.
More than 230 nuclear reactors worldwide are either under construction or in the planning stages, helping to fuel demand for uranium. Another 200 nuclear powerplants are due for decommissioning and, the industry hopes, replacement during the next 25 years, the commission says.