Uranium

Uranium Production in the Gunnison Basin

Introduction By: Luke Danielson and Elizabeth Hartson

Prior to World War II, there was little demand for uranium, and as a result, very little uranium mining anywhere in the world. The nuclear explosions at Hiroshima and Nagasaki, and the deep concern about the nuclear arms race once the Soviet Union had joined the nuclear “club” created great pressure to explore for and locate exploitable reserves of uranium.

As other uses of uranium emerged, from powering ships to generating electricity for the civilian power grid, the importance of this mineral continued to grow. Government had a central role in this process and provided a variety of incentives to encourage the exploration for and production of uranium. And since government controlled the essential process of uranium enrichment, it was effectively the sole purchaser of uranium, and could ensure that sellers received a price that would encourage the expansion of the industry. (Tippitt 1954). Click Here to Read More

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