Results for tag: "Yellowcake"

Yellowcake, also known as uranium concentrate, is a key component of the nuclear power industry. It is a powdery substance made from uranium ore that has been mined, milled, and processed. Yellowcake is used to produce fuel for nuclear reactors, which generate electricity. It is also used in the production of medical isotopes and in the enrichment of uranium for nuclear weapons. The yellowcake market is highly regulated, with governments and international organizations setting standards for production and trade. The market is also subject to fluctuations in demand, as nuclear power is a controversial energy source. Companies in the yellowcake market include Cameco Corporation, Rio Tinto, and Urenco. Other companies involved in the nuclear power industry include Westinghouse Electric Company, Areva, and General Electric. Show Less Read more