Thus, any predictions of the future availability of any mineral, including uranium, which are based on current cost and price data, as well as current geological knowledge, are likely to prove extremely conservative
In recent years there has been persistent misunderstanding and misrepresentation of the abundance of mineral resources, with the assertion that the world is in danger of actually running out of many mineral resources. While congenial to common sense if the scale of the Earth’s crust is ignored, it lacks empirical support in the trend of practically all mineral commodity prices and published resource figures over the long term. In recent years some have promoted the view that limited supplies of natural uranium are the Achilles heel of nuclear power as the sector contemplates a larger contribution to future clean energy, notwithstanding the small amount of it required to provide very large amounts of energy.
Of course the resources of the earth are indeed finite, but three observations need to be made: first, the limits of the supply of resources are so far away that the truism has no practical meaning. Second, many of the resources concerned are either renewable or recyclable (energy minerals and zinc are the main exceptions, though the recycling potential of many materials is limited in practice by the energy and other costs involved). Third, available reserves of ‘non-renewable’ resources are constantly being renewed, mostly faster than they are used.
Literally half the page you linked discusses how we’re not going to run out of resources anytime soon.
Known reserves are sufficient for 90 years because nobody wants to bother with further prospecting when supply hugely exceeds demand.
Sure, maybe some new practical way to make a reactor without uranium or to find uranium elsewhere might happen. But that’s a MIGHT.
Building tons more nuclear reactors in the hopes that we’ll find new resources to power them all because we haven’t spent enough time prospecting does not make much rational sense to me.
You appear to be severely misunderstanding the source. You may want to take the time to read through it again.
Also, did you think we checked each and every resource we industrialised to make sure we had a few millenia worth before we started using them? Last I heard, our known lithium resources are only sufficient for a decade or two at current rates, never mind the increasing usage.
You’re missing the point, which is that we don’t normally measure reserves in centuries. We prospect as needed, and there is no reason to think that we would be unable to locate new deposits as necessary. All this and more is covered in the source you linked.
We don’t know we have centuries worth of stockpile. That’s just an assumption.
In fact, I think it’s a foolish assumption to make since if the world’s nuclear powers haven’t been quietly prospecting the globe for new sources of Uranium since 1945, they sure should have been. But you don’t hear about a lot of new uranium mines opening.
And what if this big stockpile us close to a major waterway? Or under a bunch of people’s homes?
Acting like “we can just look and find more” as if it’s that simple doesn’t make sense to me.
We have centuries worth of Thorium in mine tailings alone.
It’s considered a waste product, but can easily be used for power, China already has a Thorium power plant up and running. The US had a Thorium test reactor in the 60s.
Dude. Read the rest of your source.
Literally half the page you linked discusses how we’re not going to run out of resources anytime soon.
Known reserves are sufficient for 90 years because nobody wants to bother with further prospecting when supply hugely exceeds demand.
I did read that, which is why I said this:
Building tons more nuclear reactors in the hopes that we’ll find new resources to power them all because we haven’t spent enough time prospecting does not make much rational sense to me.
You appear to be severely misunderstanding the source. You may want to take the time to read through it again.
Also, did you think we checked each and every resource we industrialised to make sure we had a few millenia worth before we started using them? Last I heard, our known lithium resources are only sufficient for a decade or two at current rates, never mind the increasing usage.
Are you asking if we did smart things before we began exploiting resources? Because the answer is no, never. Not once.
You’re missing the point, which is that we don’t normally measure reserves in centuries. We prospect as needed, and there is no reason to think that we would be unable to locate new deposits as necessary. All this and more is covered in the source you linked.
Which has never once caused a problem before, am I right?
Love how you ignored their actual point to focus on the one thing they said that didn’t apply to the topic
That’s what we normally do, which is a problem
But for nuclear we have centuries worth of stockpile, so we dont have to do that
We don’t know we have centuries worth of stockpile. That’s just an assumption.
In fact, I think it’s a foolish assumption to make since if the world’s nuclear powers haven’t been quietly prospecting the globe for new sources of Uranium since 1945, they sure should have been. But you don’t hear about a lot of new uranium mines opening.
And what if this big stockpile us close to a major waterway? Or under a bunch of people’s homes?
Acting like “we can just look and find more” as if it’s that simple doesn’t make sense to me.
We have centuries worth of Thorium in mine tailings alone.
It’s considered a waste product, but can easily be used for power, China already has a Thorium power plant up and running. The US had a Thorium test reactor in the 60s.