For others, the finances do not work out either. Nuclear power projects have long timelines, and cost overruns are common when the plant is finally operational. In 2021, New York State decommissioned its only nuclear power plant due to high operating costs.

Even mining operations aren’t foolproof from an economic point of view. Canada itself has seen nuclear supply booms in the past. In 1982, the BBC report added, Uranium City shut down operations over high costs and low demand for uranium.

Will this time be different? Only time will tell.