The global rush for Uranium, and the consequential price spike, could pose a major headache for the UK’s nuclear power ambitions. Nuclear power currently provides about 10 per cent of the world’s electricity. And, despite this relatively small market share, – fossil fuels account for 61 per cent and renewables 29 per cent – nuclear energy, and by extension uranium production, is big business. Over the last week, the price of Uranium concentrate – commonly known as U308 or yellowcake … read more »
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