Nuclear lobby distorts the truth on uranium sales to Russia
Dennis Mathews. 8 Mar 14 ,The nuclear industry would have us believe that, economically speaking, the trade in uranium for nuclear weapons is a distortion of the uranium market (The Advertiser, 8/3/14). However, like any other commodity, the use of uranium has no relevance to the supply-demand equation and hence the market price.
When Australia sells its uranium as yellowcake into the world market the uranium physically ends up in a processing pool along with uranium from many other suppliers. Once in this pool it loses its identity, it is no longer possible to tell which atom of uranium came from Australia and which came from some other country.
Australian uranium then ends up in both nuclear reactors and nuclear weapons in countries such as Russia, UK, China, USA, India and France.
The nuclear industry would like us to believe that the nuclear weapons and nuclear power industries are unrelated. This is clearly a public relations exercise that defies economic and physical reality.
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