TeachMeFinance.com - explain Reasonably assured resources (RAR)
Reasonably assured resources (RAR) The term 'Reasonably assured resources (RAR)' as it applies to the area of energy can be defined as ' The uranium that occurs in known mineral deposits of such size, grade, and configuration that it could be recovered within the given production cost ranges, with currently proven mining and processing technology. Estimates of tonnage and grade are based on specific sample data and measurements of the deposits and on knowledge of deposit characteristics. RAR correspond to DOE's Reserves category'.
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