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There are thought to be about 5 million tons of the grade of ore being mined now, typically 0.1 to 0.25 percent uranium oxide. So that represents 5000 to 12500 tons of uranium. This will keep the industry going for some years yet. Eventually lower grade ores will have to be mined which will be more expensive, but there is no reason to expect a shortage.

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17y ago

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