Abstract
The recent increase in the demand for power for commercial use, the challenges facing fossil fuel use and the prospective of cheap nuclear power motivate different countries to plan for the use of nuclear power. This paper reviews many aspects of uranium economics, which includes the advantages and disadvantages of nuclear power, comparisons with other sources of power, nuclear power production and requirements, the uranium market, uranium pricing, spot price and long-term price indicators, and the cost of building a nuclear power facility.
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