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In: Advanced Math

Nuclear Fuel Cycle: Assuming that the price per SWU is $80 and the cost of conversion...

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.

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