QUOTE(0mars @ May 26 2010, 03:33 PM)
1) I went through the linked source and could not find anything to back the statement on shortages occurring from 2013. The only occurrence of note would be the end of the US contract for russian bomb material which would lead to a shortage in uranium supply TO THE US. The study in itself seems to focus more on the availability of a secure fuel supply to the US rather than actual availability of Uranium globally.
Do correct me if I'm wrong.
You'll need to scroll down to Figure 5 and Figure 6 to get world supply and demand figures. Demand was ~65,000 tons in 2005, while supply from mines worldwide was ~40,000 tons. Googling up on "annual uranium consumption (or supply)" will give you roughly the same amount.
Ramping up on mining production also takes time and money.
QUOTE(The Oil Drum)
Adding new mines takes a long time--one often sees 8 to 10 years quoted as a reasonable time frame. Production in 2007 was only 41,000 metric tons, so increasing production by 30,000 metric tons would represent a 73% increase. This doesn't seem to be happening. If we look at news reports, we find that mining companies are struggling financially, because of high debt loads and low prices available for their products. Production plans are being cut back or delayed.
So I'd say it's a worldwide problem. And even if shortages were limited to the US, what makes you think they won't try to take it from someone else?
QUOTE(0mars)
2) As far as I know, there is already a fusion reactor being built in Russia as well as a prototype model of a more cost friendly design in MIT. Of course, the actual viability of both these models is something that we can only "wait and see" to confirm.
Are these two the one and the same?
http://nextbigfuture.com/2010/05/russia-it...on-ignitor.htmlApart from this and ITER's one in France, I've not read about any new fusion reactor projects.
This post has been edited by VMSmith: May 26 2010, 05:40 PM