Financial Times FT.com

Market Insight: Nuclear energy revives uranium industry

By Kevin Morrison

Published: July 19 2006 18:00 | Last updated: July 19 2006 18:00

The rising tide of support for nuclear energy has put uranium back on the agenda for investors.

In an era of higher oil prices and widening concerns about energy security, nuclear power is benefiting from renewed political backing. Only this weekend, the majority of the Group of Eight members of the world’s richest nations backed the expansion of their nuclear power industries. And last week the UK and Australian governments announced they were to study their nuclear energy options further.

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