In: Advanced Math
Nuclear Fuel Cycle:
Assuming that the price per SWU is $80 and the cost of
conversion is $4/kgU, what is the
price of the U3O8 ($/lb U3O8) beyond which it will cost less to
enrich the already mined, purified, and
converted (to UF6) tails that contain 0.2% U-235 rather than mine
new uranium? Assume the product
will be 3% enriched in U-235 in either case and the new tails will
be 0.1% (when the old tails are
enriched). Tails stored as UF6 cost nothing.