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Published online by Cambridge University Press: 07 May 2025
Over the last decade, the world of fissionable material has experienced a quiet revolution. Plutonium, once the lethal darling of nations seeking a secure source of fuel for their nuclear reactors (and their nuclear weapons) has fallen from favor. Uranium has replaced plutonium as the feedstock of choice for the world's nuclear haves. And business is booming.
Asian powers like China and India, concerned about energy security and environmental degradation—and despite the disaster at Fukushima—are turning to nuclear power. The demand for uranium is expected to grow by over 40% over the next five years.