The logic of the article doesn’t really follow? It implies there’s no uranium just because there’s no profitable way to extract it in France and the US at the current dirt cheap prices. It even acknowledges there’s plenty of Uranium ore in Kazakhstan, but provides no data about it.
You could multiply the price of uranium in the graphs by 100 and it would barely impact the cost of electricity: nuclear power is extremely fuel efficient, even a price of 10000 $/kg of natural uranium implies less than 0.1 $/kWh of electricity in fuel costs.
Capitalist mining companies will never survey more uranium mines when uranium demand has been dwindling for the last 2 decades due to the anti-nuclear media campaign and the inherent low rate of profit of such a capital-intensive industry.
The logic of the article doesn’t really follow? It implies there’s no uranium just because there’s no profitable way to extract it in France and the US at the current dirt cheap prices. It even acknowledges there’s plenty of Uranium ore in Kazakhstan, but provides no data about it.
You could multiply the price of uranium in the graphs by 100 and it would barely impact the cost of electricity: nuclear power is extremely fuel efficient, even a price of 10000 $/kg of natural uranium implies less than 0.1 $/kWh of electricity in fuel costs.
Capitalist mining companies will never survey more uranium mines when uranium demand has been dwindling for the last 2 decades due to the anti-nuclear media campaign and the inherent low rate of profit of such a capital-intensive industry.