Contacts
Andrey Cherkasenko,
Chairman of the board, 
GK Atompromresursy
7, Bolshoi Strochenovsky Pereulok,
Moscow, 115054, Russia
Tel.: +7 495 981 90 84
Fax: +7 495 981 90 85
 
Daniel Gonzenbach,
Partner, Holinger Asset Management AG
Gotthardstrasse 21,
8002 Zurich, Switzerland
Tel.: +41 43 817 70 22
Fax: +41 43 817 70 29
E-mail: gonzenbach@h-a-m.ch
 
 
Nuclear Industry Fundamentals

Nuclear Fuel Cycle and Nuclear Power

 
  • Mining is the extraction of uranium ore from open pits or underground mines
  •  
  • Milling is the uranium recovery from the crushed and ground-up ore by leaching
  •  
  • At a conversion facility, uranium is converted into uranium hexafluoride
  •  
  • The enrichment takes UF6 to produce uranium-235 of higher concentration
  •  
  • Reactor fuel is ceramic pellets put in rods which are arranged into a fuel assembly ready for insertion into a reactor core
  •  
  • Fission of U-235 atoms leads to energy release
  •  
  • Spent fuel is unloaded into a storage for several months to several years in order to radiation levels decrease
  •  
  • In a reprocessing facility the used fuel is separated into different components to produce fresh fuel and to reduce amount of waste
  • Opportunities

    Nuclear Renaissance

     
    Many nations are rethinking nuclear power and making plans for new reactors 
     


    Today's uranium production cannot catch up with the demand


    Conversion is the next potential bottleneck after uranium


    A dramatic change with the expiration of the HEU deal in 2013


    The need to decommission nuclear reactors and facilities built in the 1970’s-1980’s

    NAVChange YTD
    36.61-0.60+0.80
    Disclaimer © 2007, A.C. Nuclear Opportunities Fund, 2007 Designed by Aplex 2007