US burns 40 million pounds of Uranium a yearAn interesting point was made by George last night. The US of A burns more than 40 million pounds of Uranium a year. Current U production in the US is only around 4 million pounds.....and as I have stated in the past the world burns over 175 million pounds of Uranium a years and current production of only 105. What happens when the stock piles run out?...Just something to think about. George also stated that because the area they are in also has about 20 pounds of Vanadium per tone they can run economically with Uranium at $35 to $40 per pound. Just more good things to think about.
Do your due diligence.
Cheers