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Nuclear reprocessing is a process used to separate the fissionable materials from spent nuclear fuel, allowing them to be reused in nuclear power plants. The process involves chemically separating the uranium and plutonium from the other elements in the fuel, which can then be recycled into new fuel. This process is important for the nuclear power industry, as it allows for the reuse of fuel, reducing the need for new fuel and the associated costs.
The reprocessing market is largely driven by the demand for nuclear power, as well as the need to reduce the amount of nuclear waste produced. The market is also affected by government regulations, as well as the availability of technology and resources.
Some of the major players in the nuclear reprocessing market include Areva, Westinghouse Electric Company, Hitachi-GE Nuclear Energy, and Toshiba. Show Less Read more
