An insider's look at uranium production: Status, prospects and challenges (Chinese Edition)

There will be an oversupply of uranium until at least 2023, according to two recent reports. The Ux Consulting 2018 Uranium Market Outlook and the World Nuclear Association 2017 Nuclear Fuel Report present supply and demand forecasts for the nuclear fuel cycle until 2030 and 2035 respectively. During both forecast periods, about 10% of global requirements will be provided from secondary sources. These include civilian stockpiles held by utilities and governments, recycled uranium and plutonium or re-enriched depleted uranium. The share of such sources in the overall supply of uranium will gradually decrease over time, however, leaving primary uranium without many alternatives in the long run.