Affordable and available

摘要

Though trade regulations in the USA continues to restrict import of uranium and enriched uranium from Russia, import constraints on uranium from Uzbekistan and Kazakhstan have been removed. While inventories in the form of excess highly enriched uranium (HEU) weapons material and both government and private sector stockpiles currently represent substantial sources of uranium supply, the private sector stockpiles are declining. With the exception of East Asia, the outlook is for world uranium demand to remain relatively flat throughout this decade and the next. Although overall supply may be sufficient to meet demand in this decade, there will be upward pressure on market prices in the future as commercial inventories diminish and new mine production must be developed. While some uncertainty hangs over the industry, the outlook is that existing supply sources should be able to meet demand.