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Re: DAVE_007 post# 3854

Thursday, 03/15/2007 8:28:59 AM

Thursday, March 15, 2007 8:28:59 AM

Post# of 44848
FYI, it is anticipated that new construction of Nuclear Power Plants will start late next year. Several Power Companies have already applied and been approved for construction/operating licensees by the NRC. Typically even for existing plants it takes 1-2 years from the time “fuel” is ordered until it is delivered. The conversion process from ore to final product is a lengthy process. Uranium oxide concentrate (the end product of mining) has to be converted to a gas (uranium hexafluoride) then enriched then converted to uranium dioxide (a solid) then formed into fuel pellets for use in reactors. So the demand for Uranium ore will precede the construction of new plants.