Fukushima and the Megatons to Megawatts program (1993, converting Russian weapons-grade uranium) flooded the market with inventory, and Germany's Energiewende policy added further oversupply, keeping uranium prices between $16-$20 for a decade.
causalpending
Speaker
Nick LawsonEvidence Quote
“there has been a sort of surfit of pounds on the market really going back to 1993 which was when Yeltson and Bush signed the megat tons to megawatt program”
Created: 8/11/2026, 6:31:16 AM
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