2. Uranium production and economics
As we have seen, the production of a uranium concentrate involves a series of operations, the cumulative costs of which contribute to the total cost of production. These operations can be grouped into five main categories, to which should be added the post-operation phases discussed in paragraph 3.1.4 .
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Uranium production and economics
Mineral processing
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Natural uranium is no longer exactly a strategic raw material, and is now subject to the laws of a competitive market. In the aftermath of the oil crises of the mid-70s, several major industrial countries, led by the United States, Europe and Japan (non-exclusive list), launched major nuclear equipment programs for power generation. These programs led to a strong demand for uranium, all the more so as utilities wanted to...
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