Uranium supplies will not limit the expansion of nuclear power in the US or around the world for the foreseeable futurer . . .This should quiet the anti-nuclear power camp on that particular issue, but it won/t. Critics of nuclear power have a tin ear when it comes to evidence. Any evidence that discredits their position simply does not exist, in their minds, and thus they will discount the MiT Report, and continue to tell us that we are running out of uranium.
If we are not running out of uranium is their any justification for the LFTR, a reactor that operates on an alternative - Thorium - fuel cycle? The answer is that there are several good reasons for adopting LFTR technology, even though there may be a large supply of accessible uranium.
One major reason for choosing the LFTR is that it invites far lower fuel cycle related capital investments. If the future reactor fleet is to be entirely uranium fueled, very large capital investments will have to go into uranium mines, processing facilities, enrichment facilities, and spent fuel management. in addition all of these facilities have significant operation costs attached.
More at:
http://nucleargreen.blogspot.com/2010/09/wht-lftr-is-still-needed.html
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