BREE does not expect to see a sharp rise in the global uranium price until 2015, but projects prices close to $100 a pound between now and 2015, rising to $124 in 2016 and $141.6 in 2017, in constant 2011-12 Australian dollars.
It notes that a drying up of supply from defunct nuclear warheads and nuclear waste ("secondary sources") will be part of the overall global picture in the next few years, while "strong consumption growth from a large number of new reactors starting up, particularly in China, India and the Russian Federation", will be the main drivers of price rises.
http://www.theaustralian.com.au/business/mining-energy/global-uranium-demand-expected-to-skyrocket/story-e6frg9df-1226306620160
BREE does not expect to see a sharp rise in the global uranium...
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