Antinuclear

Australia’s uranium industry keeps mum about its connection to nuclear weapons industry

Denis Matthews, 13 May 14, Uranium prices used to be in constant US$, that is they took into account inflation. I haven’t seen historical data expressed in, say, 2014 $US for a long time. Maybe it’s out there somewhere. If so could someone tell me where.

The other issue that is rarely raised when talking about the effect of supply and demand on the spot price of uranium is the effect of demand for uranium to make nuclear weapons either directly or via plutonium and of the effect of nuclear weapons decommissioning which greatly increases the supply of uranium through weapons grade highly enriched uranium (HEU).

I suspect that the industry is loathe to talk about the supply and demand of uranium through nuclear weapons because it proves that there is an economic connection between the nuclear power industry and the nuclear weapons industry.

May 13, 2014 - Posted by Christina Macpherson | Uncategorized