Well and truly daunting for fuel buyers from 2023 forward. They had better stop reminiscing about those glorious moments of their recent holiday, and start thinking and planning about where their fuel contracts are going to come from in the next 2-10 years. The future incentive production pricing from $70/lb or more is quickly becoming the bottom line for new/resuming U producers. Current producers can only make a dent in supplying the imminent/future demand.
China isn't asleep at the wheel and quickly securing future supply contracts for their massive nuclear power buildout. Is the West over it's hangover yet? I guess Q4/2022 Q1/2023 will give us a few clues. May the market bifurcation begin in earnest.
Looking forward to this freak show.
Well and truly daunting for fuel buyers from 2023 forward. They...
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