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Uranium Bubble Of 2007
The uranium bubble of 2007 was a period of nearly exponential growth in the price of natural uranium, starting in 2005 and peaking at roughly $300/kg (or ~$135/lb) in mid-2007. This coincided with significant rises of stock price of uranium mining and exploration companies. After mid-2007, the price began to fall again and at the end of 2010, was relatively stable at around $100/kg. Causes The upward trend for the prices of uranium was already apparent since 2003. This prompted increases in mining activity. A possible direct cause for the bubble is the flooding of the Cigar Lake Mine, Saskatchewan, which has the largest undeveloped high-grade uranium ore deposits in the world. This created uncertainty about short-term future of the uranium supply. Other factors are speculation triggered by growing expectations around India and China's nuclear programs, and a reduction in available weapons-grade uranium. The bubble coincided with renewed discussions regarding a renaissance of nu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exponential Growth
Exponential growth occurs when a quantity grows as an exponential function of time. The quantity grows at a rate directly proportional to its present size. For example, when it is 3 times as big as it is now, it will be growing 3 times as fast as it is now. In more technical language, its instantaneous rate of change (that is, the derivative) of a quantity with respect to an independent variable is proportional to the quantity itself. Often the independent variable is time. Described as a function, a quantity undergoing exponential growth is an exponential function of time, that is, the variable representing time is the exponent (in contrast to other types of growth, such as quadratic growth). Exponential growth is the inverse of logarithmic growth. Not all cases of growth at an always increasing rate are instances of exponential growth. For example the function f(x) = x^3 grows at an ever increasing rate, but is much slower than growing exponentially. For example, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uranium
Uranium is a chemical element; it has chemical symbol, symbol U and atomic number 92. It is a silvery-grey metal in the actinide series of the periodic table. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons. Uranium radioactive decay, radioactively decays, usually by emitting an alpha particle. The half-life of this decay varies between 159,200 and 4.5 billion years for different isotopes of uranium, isotopes, making them useful for dating the age of the Earth. The most common isotopes in natural uranium are uranium-238 (which has 146 neutrons and accounts for over 99% of uranium on Earth) and uranium-235 (which has 143 neutrons). Uranium has the highest atomic weight of the primordial nuclide, primordially occurring elements. Its density is about 70% higher than that of lead and slightly lower than that of gold or tungsten. It occurs naturally in low concentrations of a few Parts-per notation#Parts-per expressions, parts per million in soil, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan
Saskatchewan is a Provinces and territories of Canada, province in Western Canada. It is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and to the south by the United States (Montana and North Dakota). Saskatchewan and neighbouring Alberta are the only landlocked provinces of Canada. In 2025, Saskatchewan's population was estimated at 1,250,909. Nearly 10% of Saskatchewan's total area of is fresh water, mostly rivers, reservoirs, and List of lakes in Saskatchewan, lakes. Residents live primarily in the southern prairie half of the province, while the northern half is mostly forested and sparsely populated. Roughly half live in the province's largest city, Saskatoon, or the provincial capital, Regina, Saskatchewan, Regina. Other notable cities include Prince Albert, Saskatchewan, Prince Albert, Moose Jaw, Yorkton, Swift Current, North Battleford, Estevan, Weyburn, Melfort, Saskatchewan, Melfort, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Power In India
Nuclear power is the fifth-largest source of electricity in India after coal, hydroelectricity, hydro, solar and wind. , India has 25 nuclear reactors in operation in 8 nuclear power plants, with a total installed capacity of 8,880 MW. Nuclear power produced a total of 57 TWh in FY 2024-25, contributing around 3% of total power generation in India. 11 more reactors are under construction with a combined generation capacity of 8,700 MW. In October 2010, India drew up a plan to reach a nuclear power capacity of 63 GW in 2032. However, following the 2011 Fukushima nuclear disaster, there have been numerous anti-nuclear protests at proposed nuclear power plant sites. There have been mass protests against the Jaitapur Nuclear Power Project in Maharashtra and the Kudankulam Nuclear Power Plant in Tamil Nadu, and a proposed Haripur Nuclear Power Plant, large nuclear power plant near Haripur was refused permission by the Government of West Bengal. A Public Interest Litigation (PIL) has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Power In The People's Republic Of China
According to the National Nuclear Safety Administration of China, as of 2024 Dec 31, there are 58 nuclear power-plants operating in mainland China, second only to the US which has 94. The installed power sits at 60.88 GW, ranked third after US' 96.95 GW and France's 63.02 GW, and is projected to overtake France in 2025. There are 27 additional plants under-construction with a total installed power of 32.31 GW, ranked first for the 18th consecutive year. According to the National Bureau of Statistics, in 2024, nuclear power in China has a total installed power of 60.83 GW comprising 1.82% of the nation's total. They produced 450.85 TWh of electricity (ranked second globally), which is 4.47% of the nation's total. Nuclear power has been looked into as an alternative to coal due to increasing concerns about air quality, climate change and fossil fuel shortages. The China General Nuclear Power Group has articulated the goal of 200 GW by 2035, produced by 150 additional reactor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Megatons To Megawatts Program
The Megatons to Megawatts Program, also called the United States-Russia Highly Enriched Uranium Purchase Agreement, was an agreement between Russia and the United States whereby Russia converted 500 metric tons of "excess" weapons-grade uranium (enough for 20,000 warheads) into 15,000 metric tons of low enriched uranium, which was purchased by the US for use in its commercial nuclear power plants. The official name of the program is the "Agreement between the Government of the Russian Federation and the Government of the United States of America Concerning the Disposition of Highly-Enriched Uranium Extracted from Nuclear Weapons", dated February 18, 1993. Under this Agreement, Russia agreed to supply the United States with low-enriched uranium (LEU) obtained from high-enriched uranium (HEU) found to be in excess of Russian defense purposes. The United States agreed to purchase the low-enriched uranium fuel. The original proposal for this program was made by Thomas Neff, a physici ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renaissance Of Nuclear Power
Since about 2001 the term nuclear renaissance has been used to refer to a possible nuclear power industry revival, driven by rising Price of petroleum, fossil fuel prices and new concerns about meeting greenhouse gas emissions, greenhouse gas emission limits. The term emerged in a context brought about by a worldwide slowdown in the rollout of new nuclear projects. The quantity of nuclear electricity generated worldwide had previously had a marked increase in the period from the late 1970s to the mid-1990s. This was brought about by massive nuclear programs in countries such as the US and France (see graph). With spiralling costs and a decline in the public acceptability of nuclear projects brought about in the aftermath of the Chernobyl nuclear accident in 1986, the speed of the rollout dwindled rapidly, leading to growing questions about the future of the industry. In the 2000s, the principal vehicle of industry growth was thought to be the project then known as the Europea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Power
Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced by nuclear ''fission'' of uranium and plutonium in nuclear power plants. Nuclear ''decay'' processes are used in niche applications such as radioisotope thermoelectric generators in some space probes such as ''Voyager 2''. Reactors producing controlled fusion power, ''fusion'' power have been operated since 1958 but have yet to generate net power and are not expected to be commercially available in the near future. The first nuclear power plant was built in the 1950s. The global installed nuclear capacity grew to 100GW in the late 1970s, and then expanded during the 1980s, reaching 300GW by 1990. The 1979 Three Mile Island accident in the United States and the 1986 Chernobyl disaster in the Soviet Union resulted in increased regulation and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2000s Commodities Boom
The 2000s commodities boom, commodities super cycle or China boom was the rise of many physical commodity prices (such as those of food, oil, metals, chemicals and fuels) during the early 21st century (2000–2014), following the Great Commodities Depression of the 1980s and 1990s. The boom was largely due to the rising demand from emerging markets such as the BRIC (economics term), BRIC countries, particularly China during the period from 1992 to 2013, as well as the result of concerns over long-term supply availability. There was a sharp down-turn in prices during 2008 and early 2009 due to the 2008 financial crisis and European debt crisis, but prices began to rise as demand recovered from late 2009 to mid-2010. Oil began to slip downwards after mid-2010, but peaked at $101.80 on 30 and 31 January 2011, as the Egyptian revolution of 2011 broke out, leading to concerns over both the safe use of the Suez Canal and overall security in Arabia itself. On 3 March, Libya's National Oi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uranium Participation Corporation
The Sprott Physical Uranium Trust (formerly the Uranium Participation Corporation; ) is a Toronto-based holding company investing nearly all of its assets in uranium, both in the form of uranium oxide () or uranium hexafluoride (), with the primary investment objective of achieving capital appreciation in the value of its uranium holdings. Structure The common shares represent an indirect interest in physical uranium owned by the Sprott Physical Uranium Trust. The mission of the corporation is to provide an investment alternative for investors interested in holding uranium. The structure of the corporation allows it to be purely a holding company play on uranium, with no operational details in its consolidated annual filings. Sprott Physical Uranium Trust was incorporated as the Uranium Participation Corporation on March 15, 2005. At least 85% of net proceeds of any equity offering were to be invested in uranium. The Sprott Physical Uranium Trust buys and holds uranium assets an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
