Loading ...Dubbed “the architect of the nuclear age”:
American-Italian physicist Enrico Fermi`s experiments in 1934 led to the development of nuclear reactors and the exploration of uranium’s use in warfare. The resulting technology gave way to the creation of the first nuclear bomb used at Hiroshima, Japan and the subsequent bomb used at Nagasaki, Japan during World War II.
Pitchblende, autunite, carnotite, torbernite, uraninite, and uranophane are natural minerals that contain uranium. Mining processes include in-situ leaching, open-pit, and underground mining. One pound of uranium is capable of producing as much energy as three million pounds of coal through fission.
Note:
Uranium was $137/lb back in 2007, before they put it on the futures markets to manipulate it. In fact I posted back then that Uranium would have to go down go down after putting it on Futures. In 2016 it bottomed at $18/lb. Its been weaving and bobbing up like gold since early 2016 also. There are some Uranium miners to play.
https://markets.businessinsider.com/commodities/uranium-price