- Growth in the uranium mining market is attributable to increase in nuclear fuel spend, reports the Business Research Company
- Report also noted key factors in projected growth of space, which should reach $10.18 billion by 2020
- UUUU is the leading U.S. producer of uranium, the fuel for carbon- and emission-free nuclear energy, in the country
The uranium mining market is projected to reach nearly $10.18 billion next year, according to a Business Research Company report, which noted that the industry should see CAGR of 4.6% during the forecast period (https://ibn.fm/vvT93). Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium in the United States, is committed to playing a significant role in the growing market.
“The growth in the uranium ore mining market is due to increase in nuclear fuel spend in countries such as Australia, Kazakhstan and Canada owing to increasing spend in the defense industry,” stated the report, which noted that the uranium mining market consists of…
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
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