Thursday, 12 April 2007

Another international trend

The blue curve is actual prices; the pink is adjusted for inflation.

If this trend continues, we will soon see Uranium prices higher than they have ever been (even after adjustment).

This is an informal indication of global nuclear demand [current and forecast], but more importantly, may result in more motivated U exploration in the not-too-distant future.

For the current spot price, look here.


  1. There's already a fair bit of exploration going on, I believe - at least, there's a lot of money being raised on the stock market for uranium exploration.

  2. I know there's a lot of interest (e.g. money) in further recovery of known reserves - hence all the important people flying to Australia recently.

    But I'm not aware of that much actual exploration (more risk and quite expensive).

    Grateful for any additional information.