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Uranium prices will still need to firm significantly to justify the development of many of the mining projects being considered around the world, Jean Nortier, the CEO of Uranium One, reiterated on Monday.
Nortier said he believes the market is underestimating the volume of uranium that will be needed to fuel new reactors being built or planned, especially in Asia, and overestimating the supply, both from mines and other sources, that will be available over the coming decade.
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