Uranium Demand to Surge Says Japan Atomic Industry Forum

17 de abril de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>Uranium Demand to Surge Says Japan Atomic Industry Forum</h1><p>April 16, (EIRNS)--Because of the growing numbers of new reactors coming online or in planning, worldwide, a surge in the demand for uranium is expected to increase by one-third according to reports from the Japan Atomic Industry Forum. The International Herald Tribune today reported that the JAIF report came at a nuclear industry conference held last week in Aomori, Japan.</p><p>Jay Thayer, vice president of the U.S. based Nuclear Energy Institute, told the conference that the U.S. is expected to build 33 new nuclear power stations, in addition to the 103 existing ones. The U.S. already needs 52 million pounds of uranium annually, of which 80% is imported.</p><p>Mukhtar Dzhakishev, president of Kazakhstan's state owned uranium explorer Kazatomprom, said his country plans to triple its production to 25,750 tons a year by 2016. Kazakhstan, the worlds third largest producer of uranium expects to produce 7,250 tons this year.</p><p>The U.S. produces 2,050 tons annually, Thayer said, but the U.S. hopes to increase production to 5,000 tons by 2014.</p><p>Thayer's report, however has to be weighed against the worldwide picture presented in the EIR article, Changing World Map for Nuclear Fuel, by Marsha Freeman, published in the</p></div></body>