Uranium resources for at least a century

World Nuclear News reports on uranium resources in the world.

Worldwide uranium resources, production and demand are all increasing, according to the latest edition of the Red Book. However, total identified uranium resources will last for over 100 years at current consumption rates.

Nuclear Energy Agency(NEA) says:

“Although total identified resources have increased overall, there has been a significant reduction in lower-cost resources owing to increased mining costs.” “The recognition by an increasing number of governments that nuclear power can produce competitively priced, baseload electricity that is essentially free of greenhouse gas emissions, coupled with the role that nuclear can play in enhancing security of energy supply, increases the prospects for growth in nuclear generating capacity, although the magnitude of that growth remains to be determined.”

For complete story, click here.