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View Diary: Ken Salazar to announce 20-year extension of Grand Canyon uranium-mining ban (91 comments)

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  •  No domestic production = dependent upon others. (0+ / 0-)

    I'm glad the traditionally friendly Russians remain friendly (for now).

    FYI:   The demand for uranium has not been met by primary (mine) supply since 1985.  At one time only 50% of demand was met from primary supply, whereas currently  75% of the demand is met from primary supply:

    Secondary supply has been met by a few other sources:

    Commercial inventories.  These are believed to have been completely drawn down since the 70's.

    Megatonnes to megawatts ends in 2013.  The replacement deal, which deals with Russian commercial LEU will account for only halfthe uranium that was delivered under MT2MW.

    Reprocessing (3-4% of global market).  If the USA were to ever reprocess fuel, it would be an important source of domestic supply.  There is no plan to reprocess fuel in the USA.

    Increasingly, demand is being met by new production, which is all being entirely developed outside of the USA.  There is substantially no uranium mining in the USA.

    My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we’ll change the world. - Jack Layton

    by Johnny Nucleo on Sat Jan 07, 2012 at 07:03:52 PM PST

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    •  Eh (0+ / 0-)
      Increasingly, demand is being met by new production, which is all being entirely developed outside of the USA. There is substantially no uranium mining in the USA.

      The lack of uranium mining in the US is due to economics. It has been prohibitively expensive to mine uranium here compared to purchasing downblended uranium from old Soviet bombs. When the economics change, domestic uranium production will change.

      Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
      -- Albert Einstein

      by bryfry on Sun Jan 08, 2012 at 01:19:57 PM PST

      [ Parent ]

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