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crore is 10,000,000 -> with the current exchange rate of 21.00 INR = 0.29 USD -> value of the Uranium is $USD 2.9Mil
by RandomWorker 5y ago
crore is 10,000,000 -> with the current exchange rate of 21.00 INR = 0.29 USD -> value of the Uranium is $USD 2.9Mil
- perl4ever 5y agoTo put that in perspective, $2.9M in uranium is nearly 50 tons of "yellowcake", aka U₃O₈. But! It takes ~780 lbs of uranium ore to produce one pound of yellowcake (worth about $30). So $2.9M in uranium ore is about 39,000 tons. Is that a lot? Well, it's about 0.02% of Cameco's proven reserves, but a little much to casually walk out with. Sources: https://www.cameco.com/businesses/uranium-operations/canada/cigar-lake/reserves-resources https://www.cameco.com/businesses/uranium-operations/canada/... https://tradingeconomics.com/commodity/uranium https://tradingeconomics.com/commodity/uranium