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While there is uncertainty about the long term utilization of nuclear power, it is expected that its use may continue for many years given its environmental advantages and ability to contribute to the reduction of greenhouse gases and other undesirable substances. Continuing fluctuations of the uranium spot price have not provided the incentive for expansion of world uranium production. However, with excess inventories expected to be used up over the next few years, expansion of several existing, as well as opening of new production centres, is being planned. This publication provides information on most of the major production facilities that are expected to meet uranium requirements over the next ten years and beyond. The review of the economics of some of the known resources, particularly in the Russian Federation and Central Asia, is of special interest.
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