Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development (OECD) is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade. It is a forum of countries committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices and co-ordinate domestic and international policies of its members.

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    • Uranium Identified Resources around the World
      April 2023
      Source: Organisation for Economic Co-operation and Development
      Uploaded by: Raviraj Mahendran
      Accessed On: 13 April, 2023
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      Uranium is the raw material used to produce fuel for long-lived nuclear power facilities, necessary for the generation of significant amounts of baseload low-carbon electricity for decades to come. Although a valuable commodity, declining market prices for uranium in recent years, driven by uncertainties concerning the evolution in the use of nuclear power, have led to significant production cutbacks and the postponement of mine development plans in a number of countries and to some questions being raised about future uranium supply.