Long-term availability of global uranium resources

Using a series of forward looking simulations, we demonstrate that the rate of growth in demand for uranium in the 21st century and its anticipation have a major impact on the increase in price in the long-term. Conversely, uncertainties related to the estimation of ultimate resources have a limited effect. Lastly, some variations in supply (uranium production shutdown in a particular region, for example) or demand (irregular increase) also have a significant impact on long-term price trends or cycles.