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Uranium Development Not Economical
Uranium Development Not Economical
Pete Winn, a geologist with 30 years of work experience analyzing financial viability of projects for the uranium mining industry, elaborated on the bleak economic outlook for uranium mining and milling for two gatherings of concerned citizens in mid-July. WCC of Mesa County and the Uncompahgre Valley Association (UVA), two community groups in WCC, hosted the forums in Grand Junction and Montrose, respectively.
Many factors point to a drop in future demand for uranium, and may make the proposed mill in Montrose County unnecessary or uneconomical. Winn argues that the market price will have to climb well beyond the current $50 per pound to make any uranium project viable in the Uravan Mineral Belt. The local ore here is of low quality, higher grade ore available on the world market, and future demand is in question. After the Fukushima nuclear disaster in Japan in March 2011, all planned and proposed nuclear power plants have been put on hold.
The July 12 WCC of Mesa County Atomic Ice Cream Social was in the KAFM Radio Room in Grand Junction, and thirty people attended. Members, citizens and a County Commission candidate came to ask questions and enjoy ice cream with local peach topping.
Montrose City Hall on July 18 had a very different feel than the Grand Junction event, with many mill proponents attending. The Montrose League of Women Voters cosponsored the educational program with UVA. All of the current Montrose County Commissioners and two candidates attended.
Commissioner Ron Henderson asked if the conclusion was going to be that the Piñon Ridge mill is not economical. When Winn answered, “Yes,” Henderson theatrically left the room.
Articles in the Montrose Daily Press and Telluride Watch following the forums added to the public discussion.
After working for our Alliance for 32 years, Brenda retired in 2018 and took a two-year hiatus before rejoining the fold as a board member. She is a treasure trove of little known facts about the organization after managing everything from the membership database to our communications. Her other interests include dabbling in a number of artforms, hiking, botany (her college major), t'ai chi and chi gung, and swing dancing. With roots in western Washington state, she has lived in Montrose with her husband Kevin since 1984.