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Gold/Mining/Energy : Nuclear Power

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To: bull_dozer who wrote (144)9/5/2022 1:45:00 AM
From: bull_dozer  Read Replies (1) of 180
 
Uranium Risks Becoming the Next Critical Minerals Crisis


It’s time to lock down these resources now, before new political risks emerge.

Faced with the most serious energy crisis since the 1970s, the world is turning back to one of the biggest beneficiaries of the 1973 oil embargo: nuclear power.

That’s good news, but we should take care. This solution to 2022’s energy security problems risks creating its own energy security headache down the road.

That’s because uranium’s supply chain is as susceptible to geopolitical manipulation as those for natural gas, cobalt, and rare earths. If developed countries want to count on atomic energy as a reliable source of zero-carbon power in the 2030s and 2040s, they’re going to need to start locking down the mineral resources now.


bloomberg.com
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