5 Uranium Juniors That Could Have A Great 2015

Recent catalysts include a court decision in Japan that could restart two reactors as early as June, as well as an agreement India signed with Canada to buy 3,000 tonnes of uranium over five years. According to the International Atomic Energy Agency, there are 69 nuclear reactors under development and 184 on order or planned, this in addition to the 438 that are currently operating throughout the world. China uses 19 million pounds of uranium per year and that is expected to grow to 73 million by 2030. The United States is currently the world's largest consumer of uranium at more than 50 million pounds per year, yet only produces about 4.7 million of that demand annually. So where is this uranium going to come from? The expected supply squeeze could power the stock prices of many uranium-related companies, including the following five. Energy Fuels Inc. (TSX: EFR): The miner supplied approximately 25% of the uranium produced in the United States in 2013 and its White Mesa Mill is the only conventional uranium mill currently operating in that country. Energy Fuels expects that its pending acquisition of Uranerz Energy, announced earlier this year, will make it the largest integrated uranium production company focused solely on the United States. Read about the other four uranium juniors here.