Uranium-endowed South Africa stands to benefit from ambitions to improve electricity access in Africa

In tandem with growing ambitions to increase access to electricity for many African citizens who currently have limited or no access to electricity comes the call for new large-scale power stations to be built. This has prompted a keen interest in nuclear power stations and, consequently, a burgeoning demand for uranium as a fuel source. Many commentators worldwide expect significant growth in the demand for uranium or any other atomic fuel that can be used to fuel a nuclear power station. This projected growth will, in turn, lead to the need for increased beneficiation and enrichment of such commodities.