Jan 27 2009

How long will the world’s uranium supplies last? - 1/27

Published by Ian R. Campbell at 12:10 pm under Uranium see Legal Disclaimer.

American Scientific today published an article by Steve Fetter, dean of the University of Maryland’s School of Public Policy, titled ‘How long will the world’s uranium supplies last?’  Read the article here.  Excerpts follows:

“If the Nuclear Energy Agency (NEA) has accurately estimated the planet’s economically accessible uranium resources, reactors could run more than 200 years at current rates of consumption.”

“According to the NEA, identified uranium resources total 5.5 million metric tons, and an additional 10.5 million metric tons remain undiscovered—a roughly 230-year supply at today’s consumption rate in total. Further exploration and improvements in extraction technology are likely to at least double this estimate over time.”

The article then goes on to discuss potential improvements in extraction technology.

The views expressed in this Post are those of the author. They are offered to readers for information and general guidance only. They are neither intended to, nor should be taken to, constitute economic or investment advice. No check of data underlying articles or comments referenced herein has been made, and no responsibility is taken for them.  See Legal Disclaimer.

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