FuturesNews - Uranium for the future?

Ever heard of this company called Cameco? Maybe not now, but got a rumour recently about the company. Today, I went to do a search on images of uranium, and obtained this graph from Cameco's website. The company is the world's laregst, low-cost uranium producer, accounting for 20% of the world's uranium production. Yes, that's it the future of energy could well perhaps belong to uranium. Looking at the chart from Cameco's website, Canada and Australia are 2 really huge uranium producing countries and yesterday, there was news of Australia hoping to sell uranium to India. Now this is where things start to get interesting... With increasing oil prices and the fact that both China and India have increasing power consumption - will they switch to more nuclear power? Take note again how little uranium there is being produced in Asia. This could well be the 'hottest' commodity to come.

Remember the game Civilization II? Uranium became a really huge and profitable trade after the advent of nuclear power. Will we see it in our generation? My hunch is perhaps yes!