1/1/2024 0 Comments Fission uranium iThese can be grouped into two main categories 3: There are many different types of reactors, each with its own benefits and drawbacks. The heat is used to generate steam, which powers a turbine to generate electricity and the neutrons continue the chain-reaction. In the plant’s nuclear reactor, neutrons released from fission collide with uranium atoms, releasing both heat and more neutrons. Once mined, the uranium ore is sent to a processing plant to be concentrated into enriched fuel (i.e., uranium oxide pellets), which can then be used in a nuclear reactor. Uranium is extracted from the earth through traditional mining techniques or chemical leaching with major resources in Canada, Kazakhstan and Australia 2. Nuclear power plants use uranium, enriched in the isotope U-235 for fuel because, unlike the more common U-238, it can fission. Uranium is a nonrenewable energy source but it is a common metal found as an ore worldwide. Uranium is the most widely used fuel for nuclear fission. Fission releases heat energy that can generate steam, which is used to spin a turbine to produce electricity 1. No cash balance or cash flow is included in the calculation.Nuclear fission is a process whereby energy is released by the splitting of uranium atoms. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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