If the supply of uranium remains stable and demand is...

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.