Estimated excess uranium inventory from the 2000s-2010s oversupply period was approximately 150 million pounds, sitting in various conversion facilities and being traded among utilities and producers, chronically depressing primary mine demand.
factualpending
Speaker
Justin HorneEvidence Quote
“if you figure a very rough calculation of the over supply of the 201s you had probably from what China didn't buy an excess of maybe 150 million pounds of uranium just sitting in a can at one of the various conversion facilities being traded and sold to utilities”
Created: 8/12/2026, 6:19:11 PM
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