Examlex
Simplify:
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Recoverable Ore
The portion of ore that can be economically and technically extracted or produced at a profit.
Depletion
The allocation of the cost of natural resources over their useful life, used in accounting to match the expense of extracting natural resources with the revenue generated from them.
Machinery Installation
The process of setting up and configuring industrial machinery in a specific location for operational use.
Depreciation
The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or obsolescence.
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