World uranium production forecast (1988-2000)

Journal Article · Mon Aug 01 04:00:00 EDT 1988 · NUEXCO. Monthly Report to the Nuclear Industry

OSTI ID:104848

Over the past five to seven years, the uranium industry has undergone significant restructuring, as excess inventories and the slow growth in consumption have caused production to decline. Prior to 1985, production surpassed annual consumption in every year since the nuclear power era began. In 1985, however, this trend came to an end, and now world uranium production is expected to remain below consumption for several more years as excess inventories are gradually depleted. Once inventory selling and inventory drawdown have run their course, additional production will be necessary to fulfill demand. It is clear that this additional production will not come forth at today`s spot market prices. Although the market price for uranium and production costs will significantly affect the number of players entering or reentering the industry as well as individual production levels at that time, political developments will have the most impact on the distribution of production.

• OSTI ID: 104848
• Journal Information: NUEXCO. Monthly Report to the Nuclear Industry, Journal Name: NUEXCO. Monthly Report to the Nuclear Industry Journal Issue: 240; ISSN 0742-4582; ISSN NUEXD3
• Country of Publication: United States
• Language: English

Related Subjects

05 NUCLEAR FUELS
FORECASTING
GLOBAL ASPECTS
MARKET
OWNERSHIP
POLITICAL ASPECTS
PRODUCTION
URANIUM
URANIUM DEPOSITS