SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Rat's Nest - Chronicles of Collapse
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wharf Rat who wrote (9747)12/1/2009 10:47:58 AM
From: Wharf Rat  Read Replies (1) of 24210
 
Uranium supplies are likely to be adequate until 2020
Posted by Engineer-Poet on December 1, 2009 - 9:25am


This is a guest post by Brian Wang, known as advancednano on The Oil Drum. He is an MBA and editor of nextbigfuture.com.

Michael Dittmar recently wrote a series of posts about nuclear energy that was published on The Oil Drum. In the first post of the series, he said that uranium "civilian uranium stocks are expected to be exhausted during the next few years" and "the current uranium supply situation is unsustainable".

It seems to me that this view is much too pessimistic, especially if prices rise from current levels. In this post, I will explain why. I will also talk about a bet with Dr. Dittmar regarding future production of nuclear electricity.

In support of my view of growing uranium production, below is a graph shown on the Ux Consulting website regarding future production. Ux Consulting describes itself as "The industry's leading source of consulting, data services, and publications on the uranium, conversion, and enrichments markets."

Forecast of future uranium production by Ux Consulting

Based on this graph, Ux Consulting expects uranium production to grow rapidly between now and 2020, with especially large gains in Kazakhstan, Africa and Canada.

There's more… (435 words) theoildrum.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News