With 436 reactors worldwide consuming 65,000 metric tons (one metric ton equals 1.1 U.S. tons) of enriched uranium per year, demand for this nuclear reactor fuel outstrips available supply, which has
caused uranium prices to jump from a low of $ 10 per pound a few years ago to more than $ 130 per pound in 2007 and still more than $ 50 per pound today.
by Jason Smith Blue Sky
Uranium finds
cause for optimism in Argentina
Uranium prices have plummeted in recent years, as Japan's nuclear power industry has continued to recover very slowly from the Fukushima disaster in 2011.