China’s nuclear power companies have ambitious export plans, but massive domestic expansion may stop them from going global for up to a decade, according to Thomson Reuters:

A $1 billion deal signed last week with Russia to build and supply a uranium enrichment plant in China was another step towards civilian nuclear independence, less than two decades after its first nuclear generator came on line.

But China is also ramping up its domestic nuclear expansion plans […] its own experts admit they will have to devote most of the country’s technical know-how and a large portion of both listed and state-owned firms’ capital to what will be the fastest nuclear build-out the world has ever seen. It will need to start construction on about 4 new generators a year through 2015 to meet its ambitious target.

“Uranium represents the long-term solution to potential fuel shortages – and it offers a solution to global warming, to boot,” says Jason Simpkins in Money Morning.

“Uranium-powered commercial nuclear plants are cheap to operate, can run a long time, and when operated correctly cause little pollution.

“So where should you look for profit opportunities? If you look at the charts, some uranium mining company stocks appear to move up and down in virtual lockstep with spot prices.”

Read more here to find out how to cash in on this future money spinner with Jason’s hot uranium company tips.

“Alternative energy opportunities such as uranium and so-called ‘green energy’ investments will benefit from soaring prices for conventional energy sources,” says William Patalon III in Money Morning.

“When it comes to these profit plays, it will pay to keep all your bases covered.”