"The feed uranium for enrichment to LEU UF6 must have been mined (including in situ mining) and converted, and not have come from a source that was recycled or reprocessed. The enrichment of uranium tails, however, will not be restricted, which is a plus for Global Laser Enrichment, which has the rights to enrich a “significant portion” of DOE-owned tails at a proposed facility in Paducah, Ky."
It is my understanding that RepU in the form of LEU may not have needed enrichment, if they can remove the poisons using the Laser system then it will be at LEU level i.e. above 4% enriched which was done previously for the first cycle, although this clause may stop other entities enriching UNF, the fact that they have put this in is interesting because it prevents enrichment from the centrifuge people using UNF.
SLX Price at posting:
$5.33 Sentiment: Buy Disclosure: Held
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