ablation update very bullish, page-20

Hi Grant
9720 to 10,980 t/yr of U3O8 will be removed.
68 864 tonnes u308 was produced world wide in 2013

http://www.world-nuclear.org/info/Nuclear-Fuel-Cycle/Mining-of-Uranium/World-Uranium-Mining-Production/#.UkLHEIYy1No

"USEC purchased a minimum of 500 tonnes of weapons-grade HEU over 20 years to 2013, at a rate of up to 30 tonnes/year from 1999. The HEU was progressively blended down to 15,259 t of LEU at 4.4% U-235 in Russia, using 1.5% U-235 (re-enriched depleted uranium tails), to restrict levels of U-234 in the final product.* USEC could then sell the LEU to its utility customers as fuel.

"The LEU is equivalent to about 140,000 tonnes of natural uranium from mines (depending on assumptions about enrichment), or 9720 to 10,980 t/yr of U3O8."

http://www.world-nuclear.org/info/Nuclear-Fuel-Cycle/Uranium-Resources/Military-Warheads-as-a-Source-of-Nuclear-Fuel/#.UkLFUoYy1No

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