Introduction

The uranium market is a particularly volatile and unpredictable international commodity market. This book, originally published in 1981, analyses the factors responsible for the price rise and falls of uranium in the 1970s. It includes a comprehensive analysis of the international uranium market from its inception and the conditions of price developments in mineral markets in general. The analysis of the uranium market contained in this book provides valuable insights to all those involved in the different facets of the nuclear industry, as well as illustrating how political decisions with little concern for the ensuing economic implications can create havoc in international commodity markets.