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Message: Japan's first reactor was restarted earlier today
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Japan's first reactor was restarted earlier today, marking the country's return to nuclear energy generation. The Sendai 2 reactor is targeting restart in October.
Japan's return to nuclear energy generation is viewed as a positive catalyst for the uranium industry and uranium equities market.
The second reactor at the Sendai site is scheduled to restart in October. A further 20 Japanese reactors are in the review process against a backdrop of Japan having committed to nuclear contributing 20-22% of its electricity needs by 2030.
In addition to these developments in Japan, growing uranium demand is being driven by the rapid nuclear power plant growth in China, Russia and India. China is on track to become the world's 3rd largest nuclear energy generating nation in 2017, just behind the USA and France.
With Argentina's third nuclear reactor having come on stream in February this year, nuclear energy now provides approximately 10% of its total electricity demand. Construction on Argentina's 4th nuclear energy plant is scheduled to start in October this year. With one of the most advanced and potentially low-cost, near-term uranium projects in the region, U3O8 Corp's Laguna Salada Project could offer a local source of supply to reduce Argentina's complete reliance on imported uranium.

August 10, 2015 - Cantor Research: Uranium: Power On - Japan to restart first reactor tonight



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