Currently, 63 nuclear reactors are being constructed worldwide, which is among the highest levels since 1990. The price of uranium is $71 per pound, higher than at any point in the last decade following the Fukushima disaster in 2011. The new U.S. administration is considering adding uranium to the list of critical minerals, which could open up federal funds and expedite the permitting process for domestic projects. The revival of nuclear energy due to global warming is increasing the demand for uranium.
63 nuclear reactors are being built; uranium costs $71/lb.
