klemenv

Uranium: Analysts Forgot Yellow Cake

"The reactors consume 167 million pounds of uranium on an annual basis. The problem is that current mine production is only 108 million pounds per year."

In the mid term I see no other alternative to curb CO2 emition, but nuclear. If the uranium price tripple, nuclear power stations would still be profitable.

The only downside (read:not so upside) is that one company controls production of steel casting for reactors and is sold out for years.