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Tue Jul 15th 15:30 PM | Rating: 0 0
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Nuclear Power's Second Coming Will Lead to a Uranium Boom

Uranium is one of the most common elements on earth, so the mineable reserves only on the spot price of uranium e.g. price goes up and the uranium mining projects will start popping up everywhere where they get the permit to mine.
Production costs vary from mine to mine but when I used to work for McArthur River Mine the production costs were around $7/lb but I estimate that the costs have doubled since then.

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