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IAEA: Increased Demand May Triple Uranium Reserves

Here's a clip for all the anti-nuke activists who say we're running out of Uranium. From Reuters:
High uranium prices will spur exploration that could more than triple known global deposits, avoiding a shortage as China ramps up its nuclear capacity, a top executive with the International Atomic Energy Agency said.

Yury A. Sokolov, the agency's deputy director general, said new technologies could also help boost reactor efficiency, curbing growth in fuel demand even when output expands.

"High prices stimulate exploration. If you explore more, you will find more -- in Africa, Australia, maybe some additional resources in China," he told Reuters in an interview late on Monday on the sidelines of a nuclear conference.

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Sneak Peek

There's an invisible force powering and propelling our way of life.
It's all around us. You can't feel it. Smell it. Or taste it.
But it's there all the same. And if you look close enough, you can see all the amazing and wondrous things it does.
It not only powers our cities and towns.
And all the high-tech things we love.
It gives us the power to invent.
To explore.
To discover.
To create advanced technologies.
This invisible force creates jobs out of thin air.
It adds billions to our economy.
It's on even when we're not.
And stays on no matter what Mother Nature throws at it.
This invisible force takes us to the outer reaches of outer space.
And to the very depths of our oceans.
It brings us together. And it makes us better.
And most importantly, it has the power to do all this in our lifetime while barely leaving a trace.
Some people might say it's kind of unbelievable.
They wonder, what is this new power that does all these extraordinary things?