Powertech currently is evaluating its options for using licensed truck carriers or rail transport. What market will the uranium recovered by Powertech be sold to?
Due to high demand, a deficit of domestic uranium supplies, and concerns about the security of foreign supplies, the uranium mined in the United States will stay in the United States for nuclear power generation. U.S. utilities have the largest demand for uranium in the world. Our nation obtains 20-percent of its electricity from nuclear power and consumes approximately 55 million pounds of uranium annually. Only three to four million pounds are produced from domestic uranium reserves, with the other 50+ million pounds coming from foreign markets such as Kazakhstan, Australia and Canada. U.S. nuclear power generators simply prefer to buy uranium produced in the U.S., and we can provide them an adequate and secure supply. To expand further, we would note that many environmentalists concerned with global warming have asserted their support for nuclear power, as the leading method of reasonably-priced energy production without carbon dioxide emissions. Uranium is the one element that can
Related Questions
- Powertech currently is evaluating its options for using licensed truck carriers or rail transport. What market will the uranium recovered by Powertech be sold to?
- I know of or am currently evaluating or using a SugarForge project that is not licensed under GPL v3. What should I do?
- How does CSX transport its goods into Mexico? Are other rail carriers involved?
