Uranium Price Could Reach $100 per pound by 2013

Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, & Industry

Date posted: 12/28/11

Some of the projected uranium supplies will not come on when people say it will, because if you look at mining in general there are usually delays and we are seeing a lot of water issues in countries these days and economic nationalism. Next, the Russians will stop exporting highly enriched uranium in 2013 and where is that shortfall going to be made up? Some people are saying Kazakhstan and Namibia. However, the growth from those countries may not be as high as expected. The prices could head up closer to $70 [per pound of uranium] next year and then in 2013 closer to $100.