Uranium – Japan’s nuclear crisis will significantly depress the demand for nuclear power in the short to medium-term, however, renewable energy technologies such as wind and solar—which have been touted as the answer to the world’s desire for cleaner, more sustainable sources of energy—are years away from matching the reliability, efficiency and scale of energy production that nuclear power provides.
Rare Earth – As the natural and now nuclear disaster unfolds in Japan, the number one importer of Chinese rare earth, rare earth stocks have been taking a hit. However, as an impending nuclear meltdown may increase the willingness of governments to jettison nuclear projects and move toward alternative energy, this may be a time to get into rare earth as they are essential for renewable energy, wind turbines and hybrid/electric vehicles.
Uranium – JapanFocus.org reports on South Korea’s nuclear ambitions. “We had been building nuclear power stations for 30 years but had failed in repeated attempts to break into international markets.” South Korean President Lee Myung-bak in a January 2010 radio address. [1] For complete editorial, click here.
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