Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Let Them Eat (Yellow) Cake, Where the Uranium Comes From

Monday, December 18, 2017 8:46
% of readers think this story is Fact. Add your two cents.

Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

 

By Tyler Durden  /  ZeroHedge

Uranium is in high demand, as it is used as fuel in nuclear power plants around the worldStatista’s Dyfed Loesche notes that according to the German Institute for Geosciences and Natural Resources BGR, Kazakhstan is the biggest producer of the radioactive metal. The central Asian country produced around 24,600 metric tons of the substance in 2016. This is a share of close to 40 percent of the worldwide production.

Infographic: Where the Uranium comes from | Statista

You will find more statistics at Statista

Australia comes in at third place with 6,300 metric tons. However, in terms of total resources Australia has the most. Around 1.1 million tons are slumbering in its earths, of which not all can currently be excavated at reasonable costs.

Around the world there are known resources of some 3.5 million tons, so there is no foreseeable shortage.

Until now, the United States is still the biggest consumer of uranium, consuming 18,200 metric tons in 2016 compared to 5,300 tons in China.

However, China’s need for uranium is likely to increase in the future, as of the 61 reactors that are being built in 15 countries worldwide, 21 are located in the People’s Republic. In Namibia, in southeast Africa, the Chinese run Husab pit took up production in 2016, which could become the world’s single biggest uranium production facilities.

http://www.zerohedge.com/news/2017-12-17/let-them-eat-yellowcake-where-uranium-comes

Read more great articles here: http://www.zerohedge.com

 

 

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.