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Economic Challenges in Uranium Enrichment
This chapter examines the financial and regulatory complexities of enriching uranium, particularly the transition to high-assay low-enriched uranium (HALU). It details the higher costs and operational challenges associated with HALU compared to traditional low-enriched uranium, alongside a discussion on the implications for reactor types and fuel pricing dynamics. The conversation also explores how market conditions and government policies affect the competitiveness of nuclear energy against alternatives like natural gas.