[ RadSafe ] Four Fold Increase in Mined Uranium - Next 30 years

[Dan W McCarn]

Hi Group:

Given that half of the reactor-related demand is covered by withdrawals from
inventory and the other half is covered by fresh uranium production, this
article with the initially deceptive title is probably correct...

http://tinyurl.com/UNatX4 

<snip>
ENERGY MINERALS
Global consumption of uranium to quadruple over next 30 years

By: Jonathan Faurie
26th March 2010 

A leading academic predicts that global demand for mined uranium will rise
at least fourfold over the next 30 years, driven by rising electricity
demand and scaling back on fossil fuel dependence.

Addressing the first day of the Paydirt 2010 Australian Uranium Conference,
Professor Barry Brook, who holds the Sir Hubert Wilkins Chair of Climate
Change at the University of Adelaide, said that, should the contributing
factors be as acute as predicted, the continuing surge in demand for uranium
would be extended by a further 20 years.

"Despite rapid advances in more-efficient Generation 4 reactors that can
consume all the waste and depleted uranium from thermal reactors, the
continuing growth in these thermal reactors would ensure a steady demand for
mined uranium that would continue for many decades."

He added that thermal reactors currently contributed about 380 GW of global
electricity supplies, or 15% of total electricity production, which was due
to grow by at least four times to about 1,5 TW by 2040.
<snip>

--
Dan W McCarn, Geologist
2867 A Fuego Sagrado
Santa Fe, NM 87505
+1-505-310-3922 (Mobile - New Mexico)
HotGreenChile at gmail.com (Private email)