Red Book reveals plenty of uranium

Nuclear Engineering reports the latest edition of  Uranium 2009, also known as the “Red Book”  has revealed that there is plenty of uranium. 

The total identified uranium resources are up 15% on 2007, but so are exploration costs, which have more than doubled despite the declining uranium market price (The uranium price has fallen from a high of $137/lb U₃O₈ in mid-2007 to around $40/lb U₃O₈ today.)

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