Global Uranium Squeeze18 Dec 2023 13:38
The Global Uranium Squeeze: Is Supply Meeting Demand?
The demand for uranium continues to increase, but the supply is not keeping up. Current uranium reserves are expected to be depleted by the end of the century, and new sources of uranium are hard to find. As a result, uranium prices have been steadily rising, with some estimates predicting a doubling of prices by 2030. This is causing a global uranium squeeze, where the demand for the resource is outstripping the supply.
https://encoreuranium.com/uranium/the-future-of-nuclear-energy/#:~:text=With%20the%20world's%20current%20uranium,to%20meeting%20our%20energy%20needs.