OREANDA-NEWS. August 25, 2009. Nobody doubts that the uranium price will steadily grow. The question is at what a rate, Director General of Rosatom State Nuclear Energy Corporation Sergey Kiriyenko said during a press-conference in Ulan Bator on Tuesday.

“I am absolutely sure that the uranium price will grow on a systematic basis. The question is how quickly,” Kiriyenko said in response to Interfax’s question.

He said that the crisis had not influenced the demand for nuclear fuel. “The crisis will last for two-three years while such contracts are made for no less than 10 years, generally, for 20 years.”

“Today such contracts are being concluded for a period till 2025–2030,” Kiriyenko said.