I shouldn’t have to tell you that nuclear energy has made a comeback.
With not a single plant built in the United States in the past three decades, Congress is now calling for 12 to be built as part of the Climate Bill unveiled today.
Of course, that’s in response to Obama calling for “a new generation of safe, clean nuclear power plants in this country,” as he earmarked $54 billion for the cause in his budget request.
These two big steps are something his predecessor was never able accomplish.
Clearly, there’s big money to be made as we witness the genesis of a new nuclear era in the United States.
The nuclear rebirth happening outside our borders will only add to that sum.
From Seoul to Syria
Just last week, Obama submitted a plan to Congress calling for increased nuclear energy cooperation with Russia — a plan Bush angrily rejected just two years ago.
According to sources, “The revived deal would allow the countries to exchange nuclear energy technology, engage in joint commercial nuclear power ventures and collaborate on nonproliferation goals.”
Obama — and Moscow — know that the rest of the world is rapidly pursuing next-generation nuclear technology. And they don’t want to be left behind.
As you read this, 20 reactors are under construction in China. India has twelve in the works. In total, plans to build 150 reactors have been announced in Asia.
And while the U.S. is now planning 12 reactors of its own, we’ve yet to break ground on a single one.
Meanwhile, Russia has announced a potential plan to construct a nuclear power plant in Syria — the same country Israel bombed in 2007 for having a secret underground enrichment facility.
So even the hostile Middle East is getting in on the nuclear revival.
And for investors, that’s actually where it gets interesting…
U.A.E. Stoking U.S. Nuclear Gains
In the last week of 2009, the United Arab Emirates made a surprise announcement. They had contracted a Korean-led consortium to build and operate four nuclear reactors.
The deal was worth $20.4 billion.
And just like that, the rest of the world became second-class to Korean nuclear technology.
Their brand-new, state-of-the-art APR1400 model reactor, for example, is the envy of the industry. It features built-in shields against missile attacks and elaborate safeguards against earthquake damage.
Beyond this, its 60-year lifespan is twice as long as conventional reactors. Plus it can be built relatively cheaply, and in a scant 48 months.
That’s why the Korean-led team — Korea Electric Power (NYSE: KEP), along with Samsung, Hyundai, and Westinghouse — won the bidding war for the U.A.E. Contract.
And do you know who lost?
A French team composed of Areva (Paris: CEI) and GdF Suez (Paris: GSZ)… And a U.S.-Japanese team featuring GE (NYSE: GE) and Hitachi (NYSE: HIT).
Now for the part of this whole mess that could make you rich…
Right now, Korea’s APR1400 cannot be imported to the United States.
But a tiny $0.25 company could soon change all that.
You see, this company quickly realized how far ahead this reactor is compared to other models. And they promptly began negotiations to become the exclusive importer.
The regulatory process has already begun.
Not only that, but they have site approval to construct two reactors in a Midwestern state.
Pick of the Litter
Now you could invest in the other suppliers of nuclear technology, but I don’t think the results will have you jumping out of your chair:
Instead, you’ll want to grab this small $0.25 outfit that’s about to blow the lid off nuclear energy in the U.S.
Look what happens when its performance is added to the list:
Market-makers and high-up officials already know what’s about to happen.
Right now, I’m embargoed from releasing the company’s name… But I have an important call scheduled for later today that will change that.
This is going to be big.
This may mean big things for junior uranium companies such as American Energy Fields, Inc. as they begin their permitting process and move torward production. Make sure to use the link on the top right of the page to sign up for our newsletter and visit our website if you need anything else at http://www.americanenergyfields.com.
Content Credit: http://tinyurl.com/25gflot