Problem

Long-term shortage of uranium resources

Other Names:
Uranium ores and concentrates shortage
Excessive cost of uranium fuel
Incidence:
An anticipated long-term shortage of uranium resources for domestic and military uses activated intense geological exploration in the 1960s and 70s, with several new uranium mines being opened around the world.
Counter Claim:
In the 1960s, it was believed that a world shortage would send uranium prices above $400 per kg, forcing a shift to plutonium reactor fuel. In 1993, a kilo of uranium costs around $20, and the end of the Cold War has turned plutonium from a security asset (for the manufacture of weapons) into a burden.
Problem Type:
E: Emanations of other problems
Related UN Sustainable Development Goals:
GOAL 7: Affordable and Clean EnergyGOAL 10: Reduced InequalityGOAL 12: Responsible Consumption and Production
Date of last update
01.01.2000 – 00:00 CET