World’s Uranium Resources Enough for the Foreseeable Future, Say NEA and IAEA in New Report

Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy for low-carbon electricity generation as well as for other uses such as industrial heat applications and hydrogen production. However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies. Timely investment in innovative mining and processing techniques would help assure that uranium resources are brought to market when they are needed.

These are among the main findings of the latest edition of Uranium – Resources, Production and Demand , also known as the "Red Book", an essential global reference prepared jointly on a biennial basis by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA).

The 2020 edition of the Red Book presents the most recent review of uranium market fundamentals, based in large part on official government information, and offers a […]

Click here to view original web page at www.iaea.org

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.