The Rising Influence of Rising Affluence

[OakesCS]

i wouldnt count on it. Uranium is nearly bottomless. While i wouldnt be shocked if the Chinese (and possibly India) end up going strongly nuclear for electrical power generation, that does not mean that U ore prices would necessarily follow. U ores are readily accessible in many countries. So while hype-based speculation could drive prices up in response to a ramp up in Chinese nuke power plant construction, it would be short-lived. In addition, given the waste problems, I wouldnt be surprised if more countries dont start going with different reactor designs that utilize the 'waste' as fuel. With existing designs, most of the fuel is not 'consumed' but it costs more to 'recycle' the fuel so nobody bothers (the cost aspect is arguable; it's a matter of who is paying).

The money to be made in the nuke power industry is everywhere but the raw fuel.