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market news

Harvesting Uranium From The Ocean

Investing News Network
Sep. 18, 2012 12:15PM PST
Energy Investing

Discover Magazine reported to reinforce the world’s current supply of uranium researchers are suggesting harvesting yellowcake from the ocean.

Discover Magazine reported to reinforce the world’s current supply of uranium researchers are suggesting harvesting yellowcake from the ocean.

As quoted in the market news:

Nuclear power depends on a steady supply of uranium. The good news is that we have at least a hundred years worth of uranium. The bad news is that both demand for uranium and the price of production are rising—and a hundred years isn’t all that long. To reinforce our stock of uranium, researchers have proposed a backup plan: gather it from the sea.

For every billion pounds of water in the ocean, there are 3.3 pounds of uranium—we just need to figure out how to extract it.

Click here to read the full Discover Magazine report.

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