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Finland's OL3 Nuclear Reactor and Royal Navy's Trident-Equipped Submarine Suffer Major Malfunctions; Uranium Prices Top $80, Pushing Up Power Prices
7 posts•EconomicsBusiness
Finland's OL3 nuclear reactor and the Royal Navy's nuclear submarine equipped with Trident missiles have both suffered major malfunctions. The reactor outage has pushed up power prices, while the submarine faced a near miss due to a depth gauge malfunction. Uranium prices have topped $80 a pound for the first time in over fifteen years due to renewed demand for nuclear power and disrupted supplies.
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