Bloomberg: Uranium Supply Crunch Coming

Bloomberg.com: News & Commentary: "Prices for uranium, used to generate 16 percent of the world's electricity, may rise a quarter this year as stockpiles of the nuclear fuel dwindle and demand is set to rise from reactors being built in China and India...``You have gone from a buyers to a sellers' market,'' said Bob Mitchell, who holds physical uranium worth more than $26 million for Adit Capital Management in Portland, Oregon. ``Most reactors under construction haven't secured long-term supply and there is no inventory left among utilities.''"

(Via .)