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The uranium sector has a supply deficit of around 120 million pounds of U3O8 for 2020 and 2021 alone. This is mainly due to the fact that the major uranium producers - above all Cameco and Kazatomprom - have drastically cut back their production after years of inefficient overproduction.
Uranium Report 2021: New and relevant information for download Posted by PublisherInternet Tuesday, 12. January 2021 The world needs clean energy. Even in the Corona crisis! While electricity consumption hardly decreased at all during the corona period, many mines had to close down (temporarily) due to corona. This led to a slump in the production of corresponding fuels such as coal and uranium. So while many large mines had to temporarily shut down their operations or even stop them altogether due to possible infections of the personnel, at the same time the system-relevant coal and nuclear...
Uranium Report 2021: New and relevant information for download Posted by PublisherInternet Monday, 21. December 2020 The world needs clean energy. Even in the Corona crisis! While electricity consumption hardly decreased at all during the corona period, many mines had to close down (temporarily) due to corona. This led to a slump in the production of corresponding fuels such as coal and uranium. So while many large mines had to temporarily shut down their operations or even stop them altogether due to possible infections of the personnel, at the same time the system-relevant coal and nuclear...