this post was submitted on 30 Aug 2023
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[–] [email protected] 3 points 1 year ago (1 children)

The source you linked talks about uranium reserves. Mineral reserves, known and unknown deposits, refer explicitly to the known amount of economically minable supplies of that mineral.

Discussion around them can be misleading, especially for a growing industry, because as a resource becomes more scarce, it becomes more economically viable to mine difficult deposits, this growing the reserve. On top of that, the effort and technology tend to yield new methods of both mining and refining that increase yields.

[–] [email protected] 1 points 1 year ago

I think you have a point. Look at how the Oil & Gas industry pivoted to fracking and tar sands after conventional oil started drying up around 2005.

There are deposits out there, probably, and the only time mining companies will consider changing ehat and how they currently mine is if they have a reason to do so,: aka an economic (or governmental) reason.

Still, discovery, technology r&d, and supply chain establishment might take more time than what we have. It's good that we should keep nuclear and all of this on the table, but it shouldn't be a priority.