The way mining works is that when the price goes up due to demand, mines are opened on new and existing deposits. Uranium is not very expensive right now, so a

The way mining works is that when the price goes up due to demand, mines are opened on new and existing deposits. Uranium is not very expensive right now, so a lot of mines have closed or mothballed. That doesn't mean there's any shortage of the stuff. Australia's known reserves are enormous. Throw a dart at a map of northern Australia and you'll probably hit an orebody.