Nuclear Energy Stocks

[gfp927z]

Thanks, that's an excellent article. It's no wonder that China-Russia-BRICS are growing so fast -- China and Russia are helping the emerging countries build nuclear powerplants right and left -- something the US had refused to even consider.

---> 33 of the reactors are being constructed or planned outside each respective country... Russia has the largest number of overseas reactors with 19... including Turkey (their first nuke plant) and Egypt (their first also), and Hungary, and 'Russia's acceptance of spent nuclear fuel is also attractive to emerging countries'

China is building nuke plant in Pakistan, and has one planned for Argentina.

In response, the US is being forced to offer the more advanced 4th generation nuke plants / SMRs to countries like Philippines, Thailand, and Romania.

>>> Another issue is nuclear fuel. Uranium enrichment has become the weak link for Western nations. Enrichment facilities are limited, and Russia is the global leader for that process.

In April, the U.S., the U.K., France, Canada and Japan formed a nuclear fuel alliance. While the aim is to shut out Russian fuel from Western reactors, doing so will not be easy. <<<

So like it or not, the US is being forced to start helping these emerging countries develop and modernize, since otherwise they will all join BRICS. But with dozens of countries already clamoring to join BRICS, it could be too little / too late.



---