Nuclear fuel project license approved by NRC

The U.S. Nuclear Regulatory Commission (NRC) issued a license to Lost Creek ISR LLC to construct and operate the planned Lost Creek in situ uranium recovery project in Wyoming.

The company applied for the license in March 2008. The project will recover and mill uranium for fuel for commercial nuclear power plants and will cover nearly 4,220 acres.

In situ recovery is one of the two primary extraction methods currently used to obtain uranium from underground. It uses a solution containing water, oxygen or hydrogen and sodium carbonate or carbon dioxide injected through a series of wells to dissolve the uranium. The solution is then collected in recovery wells and pumped to a processing plant, where the uranium is extracted through an ion-exchange process, purified and packed into drums to be transported to a conversion facility.

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