2 uranium demand and supply the civilian nuclear industry is poised for world wide expansion rapidly growing electricity uncertainty of natural gas price soaring prices oil concern air pollution immense challenge lowering greenhouse emissions are all driving a fresh look at power same time fading memories three mile island chernobyl increasing confidence in safety new reactor designs so prospect after long hiatus construction real with interest stirring countries throughout 1 australia already significant supplier yet providing an unparalleled opportunity to be dominant crucial global commodity mr lance joseph australian governor on board international atomic energy agency 1997 2000 submission no 71 p nova ltd 50 8 14 key messages function generating capacity operation worldwide combined operational characteristics reactors fuel management policies utilities there currently 441 commercial operating 31