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For up to date Uranium Prices and Information go to: http://www.uxc.com/
- Production from world uranium mines now supplies only 55% of the requirements of power utilities.
- Mine production is increasingly supplemented by ex-military material.
- World mine production will need to expand significantly post 2005.
- Canada is currently the world's largest producer of Uranium
- The China Atomic Energy Authority recently upgraded plans to build 40 nuclear reactors in the next 15 years
- The rise in Uranium prices is the result of 20+ years of structural supply deficit
