Uranium 2007

Resources, Production and Demand

image of Uranium 2007
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

Uranium exploration started in 1951 and was carried out by the Junta de Energía Nuclear (JEN). Initial targets were the Hercynian granites of western Spain. In 1957 and 1958, the first occurrences in Precambrian-Cambrian schists were discovered, including the Fe deposit, located in the province of Salamanca. In 1965, exploration in sedimentary rocks started and the Mazarete deposit in Guadalajara province was discovered. Exploration activities by the Empresa Nacional del Uranio, S.A. (ENUSA) ended in 1992. Joint venture exploration between ENUSA and other companies continued until the end of 1994. During this period, most of the Spanish territory had been surveyed using a variety of exploration methods, adapted to different stages. An ample coverage of airborne and ground radiometrics of the most interesting areas has been achieved.

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