Projects Niger Quebec Vietnam Industry Info	Uranium Fueling nuclear power plants to generate electricity is the most significant commercial use for uranium. Currently, nuclear energy provides 16% of the world's electricity via approximately 440 reactors operating in 30 countries. Annual uranium demand is 67,000 tonnes, with mining fulfilling 55% of that need. An additional 30% comes from stockpiles, which are not being replenished due to current production shortfalls, and the remaining 15% is salvaged from recycled weapons, a non-renewable resource. Uranium demand is expected to increase in the coming years as new reactors are built and brought online in developing nations such as China, which has 35 reactors planned or under construction and India with 16 nuclear plants under construction or planned (as of October 2007 according to the World Nuclear Association). With a current annual worldwide production shortfall of more than 300 million pounds, demand for uranium is expected to be 11% higher than supply over the next decade. NBF Bulletin Going Critical - A review of the Uranium Sector World Nuclear Association: Geology of Uranium Deposits World Nuclear Association Uranium: An Under-The-Radar Bull Market (May 13,2009) Uranium Stocks: Leading Energy (May 11, 2009)
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