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1) How would nationalizing it make the price $0? Government services are notorious for costing more than private sector equivalents. 2) How are you planning to

• alexasmyths 9y ago
  Western governments would only pay 'cost' for digging up Uranium in Canadian (or other sanctioned) mines, thereby creating 0 demand for Uranium on global markets. Nothing would stop the Russians from doing whatever they please. If this 'massive project' done by private entities - Uranium prices would rise dramatically, thereby creating incentive for Russian gov/private entities to ramp up Uranium production. But with a 'nationalization' - well, global Urainum prices might remain weak knowing ain't nobody in the 'Western World' going to pay crazy prices for something that's too dangerous and no government would allow the sale of. The 'nationalization' by Western Governments would surely be accompanied by a ban on private sale of it. So the market would collapse making Russian gov/private entities less willing to put any dollars behind it. But of course they can do whatever they want whenever they please - as they can today. By the way - even with governments notorious and dysfunctional bureaucracy - I still think it would be cheaper than buying it from private entities where most of the cost would be in the form of some kind of rent extraction, not very related to the cost of extracting it.