For the first time last week, the Atomic Energy Commission disclosed the full size and scope of one of the nation's newest and most vital industries. In a few brief years the mining and processing of uranium has grown from a midget industry into a giant, with an output worth more than $100 million a year. In 1956 alone, the AEC's figures revealed, the industry processed 3,000,000 tons of raw ore into 6,000 tons of uranium concentrate (one ton of concentrate contains 11 Ibs. of U-235, the reactor fuel).
AEC's plant at Monticello, Utah and eleven privately owned plants representing...
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