High Plains Uranium

A Nuclear Monstrosity

A riveting first article detailing a former Canadian uranium company in Cheyenne, Wyoming, founded in 2004 and absorbed into the Energy Metal Corporation in 2007, thus increasing their ownership of 105,000 acres of uranium property to approximately over 165,000 acres in Wyoming and from 10,000 to 20,000 in Texas.

It appears that this acquisition cost Energy Metal Corporation 52 million Canadian Dollars (~ 40 Million USD, 31 Million GBP)… just another day at the office. By all accounts, it seems that this corporation (owned by Canadian company Uranium One – possibly a Random Article for another time) is relatively successful.

As the second largest producer of uranium, who knew Canadians would hold such a stake in the uranium market? Maybe it’s the Canadian politeness, eh? Can you guess the world leader in uranium production? Find the answer below the sources.

Back to the real star of the show. High Plains Uranium had two notable operations in place, one in Wyoming and one in Texas. With the operations combined, approximately 3,078,848kgs of uranium could be extracted with a budget of $10.5 million. That’s a lot of energy considering that uranium-235 “contains two to three million times the energy equivalent of oil or coal”, and generates 24,000,000 kilowatt-hours per one kilogram of uranium. High Plains Uranium planned to extract the minerals through a process of in-situ mining, in which the minerals are dissolved underground using an alkaline solution and recovered at surface level, thus avoiding damage to the surface or rock faces, though this does run the risk of contaminating underground water.

I claim to be no expert, but of course with this bounty come risk of environmental damage and nuclear waste. I’ll leave this debate open to havoc in the comments section.

…Well at least I’ve learnt something today. If nothing else, I can probably talk about this with my grandad.

Random Facts
·        The United States imports 90% of its nuclear fuel.
·        Mildred Harris, actress and wife to Charlie Chaplin was born in Cheyenne, Wyoming.
·        Cheyenne is pronounced “shy-an”, NOT like Cayenne pepper.

Sources
https://en.wikipedia.org/wiki/High_Plains_Uranium
http://www.marketwired.com/press-release/energy-metals-corporation-completes-arrangement-agreement-with-high-plains-uranium-inc-tsx-emc-631967.htm
http://www.resourceinvestor.com/2006/08/14/energy-metals-uranium-shopping-spree
http://www.huffingtonpost.com/da-barber/hot-rocks-hidden-cost-and_b_518956.html
http://www.kitco.com/leadgen/companies/highplains/
https://www.euronuclear.org/info/encyclopedia/f/fuelcomparison.htm
http://www.world-nuclear.org/information-library/nuclear-fuel-cycle/mining-of-uranium/world-uranium-mining-production.aspx
http://www.world-nuclear.org/information-library/nuclear-fuel-cycle/mining-of-uranium/in-situ-leach-mining-of-uranium.aspx
https://en.wikipedia.org/wiki/Cheyenne,_Wyoming#Media

Answer
Kazakhstan

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