With a renewed emphasis on nuclear energy as a solution to the climate dilemma, uranium is making a resurgence. Rich in high-grade resources, Canada has the potential to develop into a nuclear “superpower.” Can its promise be realized, though?
After over twenty years of uranium mining work, Leigh Curyer saw a dramatic change.
Nuclear power was severely impacted by the Fukushima nuclear plant accident in Japan in 2011, and the price of the heavy metal, which is essential for nuclear fuel, plummeted.
The global price of uranium, however, has reversed during the past five years, rising by over 200% to rank among this year’s best-performing commodities.
