Uranium 2007

Resources, Production and Demand

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Based on official information received from 40 countries, Uranium 2007 provides a comprehensive review of world uranium supply and demand as of 1st January 2007, as well as data on global uranium exploration, resources, production and reactor-related requirements. It provides substantive new information from major uranium production centres in Africa, Australia, Central Asia, Eastern Europe and North America. Projections of nuclear generating capacity and reactor-related uranium requirements through 2030 are also featured, along with an analysis of long-term uranium supply and demand issues. It finds that with rising demand and declining inventories, uranium prices have increased dramatically in recent years. As a result, the uranium industry is undergoing a significant revival, bringing to an end a period of over 20 years of underinvestment.

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Nuclear Energy Agency

Chile reports known conventional resources totalling 1 930 tU, including 1 034 tU RAR and 896 tU Inferred (no costs are assigned to either category). The 1 January 2007, estimate includes 68 tU mainly in the low grade (0.02% U) surficial type occurrences Salar Grande and Quillagua, 1 763 tU in Upper Cretaceous metasomatic occurrences including mainly the Estacion Romero and Prospecto Cerro Carmen (REE) occurrences whose grades range between 0.03 and 0.20% U, and 100 tU in the Cenozoic volcanogenic deposit of El Laco, which grade ranges between 0.01 and 0.18% U.

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