Which is a good job, given the shortage of high -
grade uranium ore, the huge unmanageable risks associated with nuclear plants and nuclear proliferation, the large amounts of embedded carbon in uranium refining and processing (and other GHG emissions from the nuclear industry), and the insanity of developing a huge strategic fuel dependence on countries such as Russia.
The higher
uranium price reflects the need to move to ever deeper mines, which increases the energy needed to extract the
ore, and the shift to lower -
grade ore.