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Uranium Supply Pt 3

Discussions of conventional and alternative energy production technologies.

Uranium Supply Pt 3

Unread postby outcast » Fri 02 Jan 2009, 20:05:54

And breeder reactors, of which there are none operating in breeder mode, are the way to solve resource scarcities?



The reason why no breeder reactors are operating in breeder mode is because there is no Uranium shortage, so it is not economical for them to do that.
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Re: Uranium Supply

Unread postby TonyPrep » Fri 02 Jan 2009, 22:11:35

outcast wrote:
And breeder reactors, of which there are none operating in breeder mode, are the way to solve resource scarcities?
The reason why no breeder reactors are operating in breeder mode is because there is no Uranium shortage, so it is not economical for them to do that.
That's not what zero point said. He said companies are deliberately keeping supplies scarce.

Lots of room for confusion here.
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Re: Uranium Supply

Unread postby outcast » Fri 02 Jan 2009, 22:21:27

True, considering that Uranium is priced in kilograms instead of tons.
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Re: split/off topic/In-n-Out: Nuclear Dumps

Unread postby the48thronin » Sat 03 Jan 2009, 21:48:37

You also missed the point melted enriched Uranium will still be enriched uranium now liquid and going somewhere..... and the uranium flouride gas will of course flash into a higher volume of gas....HMMMMMMM
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THE European Organization for Nuclear Research (CERN) Thread

Unread postby Jotapay » Tue 17 Nov 2009, 11:41:56

CERN Physicist Warns About Uranium Shortage
Peak uranium? I've known (and probably you as well) about this for a while, but here is a decent article about it. I love that they broach the "zombie" issue, LOL.
Shortage
"Uranium mines provide us with 40,000 tons of uranium each year. Sounds like that ought to be enough for anyone, but it comes up about 25,000 tons short of what we consume yearly in our nuclear power plants. The difference is made up by stockpiles, reprocessed fuel and re-enriched uranium — which should be completely used up by 2013. And the problem with just opening more uranium mines is that nobody really knows where to go for the next big uranium lode. Dr. Michael Dittmar has been warning us for some time about the coming shortage (PDF) and has recently uploaded a four-part comprehensive report on the future of nuclear energy and how socioeconomic change is exacerbating the effect this coming shortage will have on our power consumption. Although not quite on par with zombie apocalypse, Dr. Dittmar's final conclusions paint a dire picture, stating that options like large-scale commercial fission breeder reactors are not an option by 2013 and 'no matter how far into the future we may look, nuclear fusion as an energy source is even less probable than large-scale breeder reactors, for the accumulated knowledge on this subject is already sufficient to say that commercial fusion power will never become a reality.'"
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Re: CERN Physicist Warns About Uranium Shortage

Unread postby Dr. Ofellati » Tue 17 Nov 2009, 11:44:22

In the end, it's the Montequest principle.

It's not really that we're running out of uranium, it's that there are too many people.
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Re: CERN Physicist Warns About Uranium Shortage

Unread postby rangerone314 » Tue 17 Nov 2009, 11:56:29

Dr. Ofellati wrote:In the end, it's the Montequest principle. It's not really that we're running out of uranium, it's that there are too many people.
Well if there were only a thousand people on the entire Earth, new petroleum might be created as fast as they used it. What about thorium?
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Re: CERN Physicist Warns About Uranium Shortage

Unread postby Homesteader » Tue 17 Nov 2009, 11:59:47

Jotapay wrote:Peak uranium? I've known (and probably you as well) about this for a while, but here is a decent article about it. I love that they broach the "zombie" issue, LOL.
"'no matter how far into the future we may look, nuclear fusion as an energy source is even less probable than large-scale breeder reactors, for the accumulated knowledge on this subject is already sufficient to say that commercial fusion power will never become a reality.'"
This part was particulary heartwarming. How will the techno-cornucopians answer?
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Re: CERN

Unread postby Keith_McClary » Fri 27 Nov 2009, 01:13:02

Carlhole wrote:Who here actually believes experiments like NIF, Cern, ITER, etc. won't lead to important basic discoveries?
Nah, they waste their time on frivolous crackpot inventions like the WWW.
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Re: CERN

Unread postby Chuckmak » Fri 27 Nov 2009, 09:20:22

dukey wrote:im looking forward to our money disappearing into a black hole


well played, sir.
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Re: Uranium Supply

Unread postby Tanada » Sat 11 Sep 2010, 08:37:29

Those who keep talking about Thorium really should review this thread, the two metals are intimately linked due to both being fertile nuclear fission fuel.
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Re: Uranium Supply

Unread postby Dezakin » Thu 14 Oct 2010, 19:51:23

They're also intimately related because of similar chemistry making them both lithophilic minerals nearly ubiquitously concentrated at log normal distribution in the earth's crust.
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Re: Uranium Supply

Unread postby johnsmithh » Tue 26 Oct 2010, 05:09:32

Nuclear power is generated using Uranium. Uranium is a metal mined in various parts of the world. Nuclear power stations work in pretty much the same way as fossil fuel-burning stations, except that a "chain reaction" inside a nuclear reactor makes the heat instead. Uranium is important metals for nuclear power.
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Kazakhstan Now World’s Largest Uranium Miner

Unread postby Oilguy » Wed 23 Nov 2011, 12:36:58

Kazakhstan’s international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed. The vast Central Asian nation, larger than Western Europe, has now quietly passed another energy milestone.

Kazakhstan produces 33 percent of world’s mined uranium, followed by Canada at 18 percent and Australia, with 11 percent of global output. Kazakhstan contains the world's second-largest uranium reserves, estimated at 1.5 million tons. Until two years ago Kazakhstan was the world's No. 3 uranium miner, following Australia and Canada.

Together the trio is responsible for about 62 percent of the world's production of mined uranium.

According to Kazakhstan’s State Corporation for Atomic Energy, Kazatomprom, during January-September, the country mined 13,957 tons of uranium. “The volume of uranium mining in the Republic of Kazakhstan (for January - September) comprised 13,957 tons, which is 11 percent higher than the same period last year." Even more impressive, Kazatomprom’s revenues soared 72 percent year-on-year. Kazatomprom is the state-owned Kazakh national operator for the export of uranium, as well as rare metals, nuclear fuel for nuclear power plants, special equipment, technologies, and dual-purpose materials.

To put Kazakhstan’s accomplishment in context, a mere five years ago Kazakhstan produced 5,279 tons of uranium.

While the March disaster at Japan’s Fuskuhima nuclear complex has caused several European nations to reassess their commitment to nuclear power, Kazakhstan’s regional markets seem assured in Asia’s rising economic powerhouses China and India. While Beijing has reacted to Fukushima by ordering thorough inspections of the nation’s nuclear power plants, China's Commission of Science Technology and Industry for National Defense in its 11th Five-Year Plan for the Nuclear Industry announced China intended to produce 40 gigawatts of nuclear power electrical generating capacity within a decade, even though nuclear power currently accounts for just 1.4 percent of China’s electrical power generation.

If China follows through with its ambitious nuclear power plant construction plans the country will need an estimated 44 million pounds of uranium annually, as by 2020 the country will have a total of 77 planned and proposed new reactors. Of China's 11 current nuclear power plants, the oldest, Qingshan-1, only came online in 1991.

India’s nuclear ambitions parallel China’s. While nuclear power currently accounts for only 3-4 percent of the country’s electrical output, India has 19 planned and proposed nuclear power reactors on the drawing board.

But the specter of the Japanese nuclear crisis has even overshadowed Astana’s optimism.

Speaking at the Minex conference in Astana on 5-7April, Kazatomprom president Vladimir Shkol’nik stated that the Fukushima debacle would not greatly influence the Kazakh state atomic company’s plans.

Despite Shkol’nik’s optimism, immediately after the Fukushima disaster the world uranium spot price plummeted from over $70 per pound to just $49 per pound, but Full article at: http://oilprice.com/Energy/Energy-Gener ... Miner.html
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Re: Uranium Supply Pt 2

Unread postby Tanada » Sat 10 Mar 2012, 13:01:05

Uranium spot price for end of February was $51.75. Does anyone still have doubts about the abundant supply of Uranium currently available to buyers?
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Re: Uranium Supply Pt 2

Unread postby SeaGypsy » Sun 11 Mar 2012, 21:35:15

Australia has as Tanada says, the capacity to produce a vast amount more Uranium than it currently does. The companies supposedly keeping prices high have in fact been struggling to get through the application stages, particularly when it comes to Environmental Impact Statements.
The preferred method of extraction for the largest reserves is sub-terranian liquefaction (equivalent to fracking). The areas on top of most of the Uranium reserves are catchments for the underlying Great Artesian Basin, and the whole lot is porous limestone underlay. Meaning there is no way to safely, surely isolate the process from the aquifer. Then there is another fact, that most of this area is thinly populated by mostly full blood aboriginal people and pastoralists. The politics get very messy outback. Multi-billion dollar Uranium projects have been 'stood aside' pending more favorable EIS outcomes. It is nothing unusual for ten years of legalism and bargaining to go on before a site goes beyond test drilling, for any mineral. Probably double that for Uranium at current pace (effectively stalled completely).
(Edit to add: for more info/ example/ google : Angela Pamela Uranium mine)
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Re: Uranium Supply Pt 2

Unread postby Tanada » Sat 22 Sep 2012, 09:07:15

Spot price is down to $47.00 and still no shortage in sight.
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Re: Uranium Supply Pt 2

Unread postby evilgenius » Sat 22 Sep 2012, 10:43:56

There isn't any problem with the supply of Uranium. It can be mined from the sea for about 4 times the cost of what it takes to mine it on land, maybe a little more. The sea contains about 5000 years supply at global usage levels. The problem is with the type of reactors being built to use Uranium. If the current design meme has a failure rate in keeping with observed failures so far, and the world adopts nuclear power using this type globally, then the period between dangerous instances will narrow. Add in what could happen with any kind of disaster (war, CME, terrorism) that can bring down a power grid, which now would have not the occasional but many nuclear plants attached, and the rational for continuing with the current design meme seems absurd.
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Re: Uranium Supply Pt 2

Unread postby M_B_S » Mon 24 Sep 2012, 03:03:49

:lol: There isnt any problem.....lol

The US is More Dependent on Foreign Uranium Than Foreign Oil"

One of the most critical issues discussed is the severity of the US uranium supply and demand deficit. According to Adnani, "The US is consuming 55 million pounds of uranium per annum...to generate 20% of US electricity...(but) domestic production of uranium is only 4 million pounds per year...The US is more dependent on foreign uranium than it is on foreign oil."

http://www.marketwatch.com/story/the-us ... 2012-09-12

http://www.youtube.com/watch?v=6ZfVELhllrg&feature=plc
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The HEU treaty with PUTINs Russia is gone next year so 20% of the US electricity production is @ risk

Only sheeple say: there is no problem there is no problem....

But i am the wolf @ the door ......... :badgrin:

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Re: Uranium Supply Pt 2

Unread postby dsula » Mon 24 Sep 2012, 05:44:47

M_B_S wrote:The US is more dependent on foreign uranium than it is on foreign oil."

That's probably because foreign uranium is cheaper.
Similar to the 70's oil peak. Instead of keeping on drilling and digging for oil at home, it was cheaper to simply go and import it. Hence, you got the US oil peak.
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