Nuclear Video Matinee: Uranium Mining and Milling
It's hot out! Across much of the United States, the largest heat wave of the summer has been stagnating all week.
It's hot out! Across much of the United States, the largest heat wave of the summer has been stagnating all week.
One of the single most valuable pieces of energy real estate in the United States is located a few miles outside of Chatham, Virginia, less than an hour's drive from my home. Millions of years ago, natural forces concentrated about 119 million pounds of uranium in a relatively small volume of what is now a cow pasture. That is enough raw material to supply all of the nuclear power plants in the United States with all of their fuel needs for a little more than two years. If valued at today's suppressed, post-Fukushima market price, the deposit is worth about $7 billion.