Uranium Shortage Jeopardizes Nuclear Renaissance ...Middle East

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Uranium Shortage Jeopardizes Nuclear Renaissance
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Tight supply of uranium could interfere with global plans for a boost in nuclear generation capacity growth, the World Nuclear Association has warned. According to the industry body, global uranium demand is set to increase by over 30% to 86,000 tons over the next four years, further rising to 150,000 tons by 2040, the Financial Times reported. While demand rises, however, supply will be shrinking, with output from existing mines set to fall by half in the decade between 2030 and 2040. Based on that, the World Nuclear Association said. “As…

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