The mining giant is looking into opportunities in uranium business, on prediction that China’s demand for the nuclear fuel is rising.
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Global mining giant Rio Tinto Group is looking into opportunities for growth in uranium business, predicting an uptick in the industry driven by China’s rising demand for the nuclear fuel.
“Uranium has been a tough business since the Fukushima nuclear disaster in Japan, but the uranium market will recover with new nuclear power plants coming on in China and other countries in the world,” said Sam Walsh, chief executive of the company.
