Posted: Mon Jun 16, 2008 2:32 pm Post subject: Re: Uranium Supply
The uranium supply question is effectively over. The 17% increase in proven reserves 2005 to 2007 show the idea that there are massive uranium resouces ready to be developed at very economic costs prove, even using dated ineffcient reactors, nuclear energy can be maintained and expanded. The EWG 20 years supply is less than one fith of the 100 year proven supply the IAEA state.
This is ignoring fast breeder and 3rd and 4th generation technology, higher extraction costs expanding the economicly recoverable reserves without a significant impact on the cost of nuclear energy and the other 200 years worth of probable supply.
Posted: Mon Jun 16, 2008 3:11 pm Post subject: Re: Uranium Supply
One would have thought Epicurus's observation of the problem of evil would have closed the case on an omnipotent omnibenevolant god, but here we ware 2500 years later and still people chose to believe in that.
MBS will flood this thread with more nonsense for another 50 pages I expect.
Last edited by Dezakin on Wed Jun 18, 2008 12:55 pm; edited 1 time in total
Joined: Sep 25, 2005 Posts: 1988 Location: Waiuku, New Zealand
Posted: Tue Jun 17, 2008 4:34 am Post subject: Re: Uranium Supply
mkwin wrote:
Case closed.
I think that, in effect, you're right. If nuclear build starts in earnest, I'm sure that the operators will assume there there will be enough uranium, at whatever the required rate will be, for the life of however many reactors are built. I think it's unlikely that fuel longevity will even be a consideration.
I hope that full consideration of other factors takes place.
Joined: Feb 20, 2005 Posts: 2791 Location: Uppsala, Sweden
Posted: Wed Jun 18, 2008 10:55 am Post subject: Re: Uranium Supply
Dezakin wrote:
He's quite simply a troll whos goal is to bloat this thread with as much crap as possible.
It only took you 91 pages to figure that out?
Anyway, it seems the uranium question can now be closed and filed somewhere, and we can come back and review it again in 40 years or so. _________________ Peak oil is not an energy crisis. It is a liquid fuel crisis.
Joined: Feb 20, 2005 Posts: 2791 Location: Uppsala, Sweden
Posted: Thu Aug 21, 2008 1:49 pm Post subject: Re: Uranium Supply
Uranium seems to have stabilized around $65. This might be the new long term price now that the speculative bubble seems to have gone away. _________________ Peak oil is not an energy crisis. It is a liquid fuel crisis.
Joined: Apr 28, 2005 Posts: 3655 Location: West shore Lake Eire, MI, USA
Posted: Thu Aug 21, 2008 4:20 pm Post subject: Re: Uranium Supply
Starvid wrote:
Uranium seems to have stabilized around $65. This might be the new long term price now that the speculative bubble seems to have gone away.
Long term IMO of course, this price is high enough to ensure exploration to replace use while at the same time low enough to not have much impact on the price of Fission power.
As far as I can tell western Europe is still exporting moderatly depleated tails to Russia for upgrading, anyone have any recent news on that? I was trying to track it down the other day in reguards to world excess processing capacity. The American Centerfuge project is reportedly proceeding on schedual so that will add to world processing capacity unless the old gasseus diffusion plants are actually scrapped out, which could very well happen at current prices for the materials which make up these systems. _________________ Oxygen: - An intensely habit-forming accumulative toxic substance. As little
as one breath is known to produce a life-long addiction to the gas, which addiction invariably ends in death.--Isaac Asimov
Paladin Energy Forecasts Doubling of Uranium Output This Year
By Angela Macdonald-Smith
Aug. 27 (Bloomberg) -- Paladin Energy Ltd., the Australian producer of uranium in Africa, said output is set to more than double this year as volumes increase at the Langer Heinrich mine in Namibia and a new project starts in Malawi.
Production should rise to 3.6 million pounds of uranium oxide in the year ending June 30, 2009, from 1.71 million in the preceding 12 months, Managing Director John Borshoff said on a conference call. Output should increase to 6.8 million pounds the following year, to 7.4 million in 2010-11 and 9.3 million in 2011-12, he said.
Liberal Party Wins Government in Western Australia
By Robert Fenner
Sept. 14 (Bloomberg) -- Colin Barnett will become the next premier of Western Australia after his Liberal Party won National Party support for a coalition government, opening the way for uranium mining and genetically modified crops in the state.
The National Party received ``very good'' proposals from the Liberals and incumbent Labor Party before making its decision, Nationals Leader Brendon Grylls told reporters in Perth today. The Liberals won 24 seats in the 59-seat lower house and will form a government with the support of four Nationals and two independent members, ending a week of uncertainty after the Sept. 6 poll left no party with a majority.
Barnett, who promised to open up uranium mines and allow genetically modified crops, will head a state that accounts for a third of the nation's exports with 10 percent of its population.
``Those key policies of uranium and genetically modified crops will come through very quickly,'' said Peter Van Onselen, associate professor in political science at Perth's Edith Cowan University. ``Between them they also control the upper house.''
[...]
_________________ Abundance - what a concept!
Last edited by OilFinder2 on Thu Sep 18, 2008 10:42 pm; edited 1 time in total
Joined: Apr 28, 2005 Posts: 3655 Location: West shore Lake Eire, MI, USA
Posted: Sun Sep 14, 2008 6:07 am Post subject: Re: Uranium Supply
Their biggest fear has been over supply causing the price to drop too low, Canada and Australia really are like Sudi Arabia and Kuwait except for Uranium. Now that world demand is starting to pick up they feel safe producing more, however with the next generation RMWR in Japan undergoing detailed simulation prior to deciscion to build their window of opertunity is short. If they keep the price low enough they can kill the RMWR, if they guess wrong the RMWR will cut Uranium demand significantly even if we go all nuclear for 75% baseload electricity production. _________________ Oxygen: - An intensely habit-forming accumulative toxic substance. As little
as one breath is known to produce a life-long addiction to the gas, which addiction invariably ends in death.--Isaac Asimov
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