Published:
Demand for Nuclear Power Fueling Drive for Uranium Mining, an Industrial Info News Alert

Researched by Industrial Info Resources
(Sugar Land, Texas) -- Renewed concerns over global warming and record-high
crude oil prices have left many policymakers rethinking their views on
nuclear power plants. Nuclear power stations, unlike their coal-fired
counter parts, do not release carbon dioxide, a leading culprit in global
warming. As a result, there has been an increased demand for the mining of
uranium, which is used for nuclear power. Through its subsidiary UraMin,
AREVA NP, jointly owned by AREVA S.A. (EPA:CEI) (Paris) and Siemens
(Munich, Germany), is on its way to becoming Africa's leading
uranium producer with several exploration projects planned. One of UraMin's
projects is set to become the third-largest uranium mine in Namibia after
Rio Tinto's (NYSE:RTP) (London) Rossing mine and Paladin Energy's (ASX:PDN)
(Subiaco, Australia) Langer Heinrich mine.
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Tags: ,Energy and Utilities:AlternativeEnergy, EnergyandUtilities:Coal, EnergyandUtilities:Equipment, EnergyandUtilities:Nuclear, ManufacturingandProduction:MiningandMetals, ,NYSE0001,TX,SUGAR LAND, TX