The Company has the strategic backing of China’s CGN Mining, which has a 14.3% equity stake in the company. The Company has entered the Environmental Assessment phase and is currently advancing the PLS project through a Feasibility Study. Fission recently completed a pre-feasibility study that shows the potential for the Triple R to be among the lowest operating cost uranium mines in the world. He is supported by a team of industry leaders in mine engineering, permitting and indigenous relations and ESG. Located in the renowned southwest Athabasca Basin uranium district, the prolific Patterson Lake Corridor hosts two high-grade, basement hosted deposits – the Triple R (Fission Uranium) and Arrow (NexGen Energy) – which are both advancing towards construction.įission’s experienced Management team is headed up by CEO, Ross McElroy – an award-winning geologist with an unrivaled track record in Canadian uranium projects. This effect extends the cycle length for such fuels to sometimes nearly twice what it would be otherwise.Fission Uranium is developing the high-grade, basement-hosted, near-surface Triple R uranium deposit – part of the multiple award-winning PLS project. This corresponds to a breeding ratio for this fuel burnup of about 0.4 to 0.5. For example, at a burnup of 40GWd/tU, about 40% of the total energy released comes from bred plutonium. Create real-time notifications to follow any changes in the live stock.
This is how 238U contributes to the operation of nuclear reactors and the production of electricity through this plutonium. View todays Fission Uranium Corp stock price and latest FCU news and analysis. Radiative capture of a neutron leads to the formation of fissile 239Pu. 238U cannot sustain a nuclear fission chain reaction because too many neutrons produced by the fission of 238U have lower energies than the original neutron.Ģ38U also belongs to the group of fertile isotopes. 238U does not also meet the alternative requirement to fissile materials. On the other hand, 238U can be fissioned by fast neutron with energy higher than >1MeV. 238U is not capable of undergoing a fission reaction after absorbing a thermal neutron. 238U occasionally decays by spontaneous fission with the probability of 0.000055%.Ģ38U is a fissionable isotope but is not a fissile isotope. 238U decays via alpha decay (by way of thorium 234 and protactinium 234) into 234U. In 1934 Enrico Fermi bombarded uranium with. For its very long half-life, it is still present in the Earth’s crust. After the neutron was discovered 1932, scientists realized that it would make a good probe of the atomic nucleus. Uranium 238 is a fissionable isotope but is not a fissile isotope.Ģ38U belongs to primordial nuclides because its half-life is comparable to the age of the Earth (~4.5×10 9 years). During nuclear fission, a neutron collides with a uranium atom and splits it, releasing a large amount of energy in the form of heat and radiation. Uranium 238 has the longest half-life (4.47×10 9 years), and therefore its abundance is so high. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property - host to the class-leading Triple R uranium deposit - and is headquartered in Kelowna, British Columbia. Uranium 238, which alone constitutes 99.28% of natural uranium, is the most common isotope of uranium in nature.
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