Uranium exploration in Zambia

ByRod Adams

The price increases experienced in the uranium market during the past 7 years has resulted in predictable behavior – exploration and mining operations are increasing. The clear signal sent by the market is that uranium is a desirable product, one that the customers need and that the suppliers can provide profitably.

In a December 26, 2007 article in the International Herald Tribune titled Uranium rush gets under way in Zambia Maxwell Mwale. Zambia’s deputy minister of mines, recently said:

“We are assured of a market in the sense that demand for nuclear power is increasing. Now there are these global warming concerns and issues of reducing carbon emissions, so nuclear power is attractive.”

Those words are music to my ears.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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