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If the supply of uranium remains stable and demand is consistent, prices are likely to exhibit minimal fluctuation. Additionally, stability in key uranium-producing regions can contribute to maintaining steady prices. Short-Term Contracts: Typically negotiated for periods ranging from 1 to 3 years, these contracts offer flexibility but may be associated with higher price volatility compared to long-term agreements.

China is currently at the forefront of nuclear reactor construction, with approximately 20 reactors under development, encompassing both large-scale and small modular reactors (SMRs).

India has several reactors in progress, with approximately 8 to 10 reactors planned or under construction

Russia is also actively advancing its nuclear infrastructure, with around 5 to 7 reactors under construction, including both conventional and advanced designs.

The U.S. has a number of reactors under construction, notably including the Vogtle reactors in Georgia.

Other Countries: Several additional countries are engaged in reactor construction, including the United Arab Emirates (with the Barakah Nuclear Energy Plant), Turkey, and South Korea.