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Nuclear Industry Subsidies Part II: The Mining Sector

Investing News Network
Jun. 28, 2011 11:36PM PST
Long Tail

The Energy Collective reports on the mining sector and particularly on nuclear industry subsidies.

The Energy Collective reports on the mining sector and particularly on nuclear industry subsidies.

The market news is quoted as saying:

Uranium has the advantage of being a highly concentrated source of energy which is easily and cheaply transportable. The quantities needed are very much less than for coal or oil. One kilogram of natural uranium will yield about 20,000 times as much energy as the same amount of coal. It is therefore intrinsically a very portable and tradeable commodity.

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