We dig it up and ship it out. Question is should we?
Green Steel and other changes may provide our iron ore an option to add value. Our u308 from the largest uranium mine in the world (SHH Olympic Dam) may have the same. SLX has the world's next revolutionary change in both u308 recovery and Nuclear fuels.
While that's now 49% Canadian via Global Lazer Enrichment Welcome to Global Laser Enrichment (gle-us.com)
Indonesia Nickel smarter move was to required value adding not just ship it out. That has added billions to the Indonesian economy.
"The volume of nickel exports and its derivatives (HS Code 75) has increased from 91.5 tons in 2019 to 775.6 tons in 2022. Its value skyrocketed from 813.1 million US dollars (IDR 11.38 trillion) in 2019 to 5.9 billion US dollars (IDR 91.45 trillion) in 2022." According to data from the Central Statistics Agency (BPS), there has been an increase in the volume of feronikel (HS Code 72026000) exports from 1.5 million tons in 2019 to 5.7 million tons in 2022. Its value has increased from 2.5 billion US dollars (IDR 35 trillion) in 2019 to 13.6 billion US dollars (IDR 210.8 trillion) in 2022. The biggest export destination is China. Additionally, there are also India, South Korea, and Taiwan
I appreciate political types are more focused on dig and ship. I hope the short-term quick cash types can grow up and see the long-term view as more important.
Kazakhstan has via help from a country who needs its u308 and paid for it via Ulba fuel fabrication plant.
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