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Is there a uranium shortage?

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There was relatively little uranium exploration between 1985 and 2003, so the significant increase in exploration effort since then could conceivably double the ..... read more

If uranium fueled nuclear power plants were built in large numbers, yes uranium reserves i.e. uranium mines would run out in maybe a few decades. BUT WAIT, thats not the end of the story. Demand for uranium would increase the price. read more

The world faces a long-term uranium shortage as China and India build new nuclear plants, and major buying opportunities may emerge for shares of some beaten-down uranium producers. Uranium prices have seen the largest drop in two years following the Japanese nuclear disaster and Germany’s decision to phase out its nuclear plants, both of which hit uranium prices hard. read more

Ux Consulting is forecasting that Kazakhstan will increase its production to 40,000 tons a year by 2020--in other words to nearly as much as current world production of uranium. There is evidence that a rapid ramp up in production in Kazakhstan is already taking place. In 2008, Kazakhstan produced 8521 tons. read more

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