Uranium is found on every continent, but the largest deposits are in Australia, Kazakhstan, Canada, and Russia, with likely undiscovered deposits beneath permafrost due to warming.
Uranium's half-life ranges from 159,200 to 4.5 billion years, making it valuable for dating geological strata and estimating Earth's age.
Processed uranium can sustain a fission chain reaction, making it a key energy source for nuclear reactors and weapons; as little as 15 lbs. can create an atomic bomb.
In 2023, the price of uranium averaged $48.99 a pound, rising to $77.50 in December 2024, driven by renewed interest in nuclear energy.
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