Uranium mining is the process of extraction of uranium ore from the earth. Almost 50,000 tons of uranium were produced in 2022. Kazakhstan, Canada, and Namibia were the top three uranium producers, respectively, and together account for 69% of world production. Other countries producing more than 1,000 tons per year included Australia, Niger, Russia, Uzbekistan and China. Nearly all of the world's mined uranium is used to power nuclear power plants. Historically uranium was also used in applications such as uranium glass or ferrouranium but those applications have declined due to the radioactivity and toxicity of uranium and are nowadays mostly supplied with a plentiful cheap supply of depleted uranium which is also used in uranium ammunition. In addition to being cheaper, depleted uranium is also less radioactive due to a lower content of short-lived and than natural uranium.
Uranium is mined by in-situ leaching (57% of world production) or by conventional underground or open-pit mining of ores (43% of production). During in-situ mining, a leaching solution is pumped down drill holes into the uranium ore deposit where it dissolves the ore minerals. The uranium-rich fluid is then pumped back to the surface and processed to extract the uranium compounds from solution. In conventional mining, ores are processed by grinding the ore materials to a uniform particle size and then treating the ore to extract the uranium by chemical leaching. The milling process commonly yields dry powder-form material consisting of natural uranium, "yellowcake", which is nowadays commonly sold on the uranium market as U3O8. While some nuclear power plants – most notably heavy water reactors like the CANDU – can operate with natural uranium (usually in the form of uranium dioxide), the vast majority of commercial nuclear power plants and many require uranium enrichment, which raises the content of from the natural 0.72% to 3–5% (for use in light water reactors) or even higher, depending on the application. Enrichment requires conversion of the yellowcake into uranium hexafluoride and production of the fuel (again usually uranium dioxide, but sometimes uranium carbide, uranium hydride or uranium nitride) from that feedstock.
Around 1850, uranium mining began in Joachimsthal, Bohemia, where more than 620 tonne of uranium metal (tU) was produced from 1850 to 1898, with 10,000 tU produced before closure in 1968. In 1871, uranium ore mining began in Central City, Colorado, where 50 t were mined before 1895. In 1873, the uranium mining began in the South Terras mine, St Stephen-in-Brannel, Cornwall, producing most of the 300 tU from that area in the 19th century. In 1898, carnotite was first mined in the Uravan Mineral Belt, yielding 10 tU annually.
In 1898, Pierre Curie and Marie Skłodowska-Curie took delivery of 1 t of pitchblende from St. Joachimsthal, from which Marie identified the element radium. Pierre advocated its usage as a cancer cure, which fostered a spa business for that town.
In 1913, the Shinkolobwe, Katanga Province, was discovered. In 1931, the Port Radium deposit was discovered. Other significant discoveries included Beira Province, Tyuyamunite, and Radium Hill.
According to Richard Rhodes, referring to German uranium research, "Auergesellschaft, the thorium specialists ... delivered the first ton of pure uranium oxide processed from Joachimsthal ores to the War Office in January 1940. In June 1940 ... Auer ordered sixty tons of refined uranium oxide from the Union Miniére in occupied Belgium."
While the Soviet Republics of Kazakhstan and the RSFSR would later become some of the leading uranium producers in the world, immediately after the end of World War II the availability of large uranium deposits in the USSR wasn't yet known and thus the Soviets developed immense mining operations in their East Germany and Czechoslovakia which had known uranium deposits in the Ore Mountains. The deliberately opaquely named SDAG Wismut (the German term "Wismut" for Bismuth should give the illusion of prospection for a metal the Soviets definitely weren't after) became the biggest employer in the Saxon Ore Mountains and remote mining towns like Johanngeorgenstadt swelled to ten times their population in a few years. The mining cost immense amounts of money and miners were on the one hand subject to heavier repression and surveillance but on the other hand allowed more generous supply with consumer goods than other East Germans. While production was never able to compete with global uranium market prices, the dual use nature of the mined material as well as the possibility to pay miners in soft currency but sell uranium for hard currency or substitute imports which would have had to be paid for in hard currency tipped the scales in favor of continuing mining operations throughout the Cold War. After German reunification, mining was wound down and the arduous task of rehabilitating the land impacted by mining was begun.
The seventeen towns and mines under Wismut's control contributed 50 percent of the uranium used in the Soviet's first atomic bomb, Joe-1, and 80 percent of the uranium used in the Soviet nuclear program. Of the 150,000 laborers, 1281 were killed in accidents and 20,000 suffered injuries. After Stalin's death in 1953, the Red Army turned over control of production to SDAG, and prison laborers were released, reducing the population of laborers to 45,000. At its peak in 1953, the St. Joachimsthal mines had 16,100 inmates, half of whom were Soviet political prisoners.
By 1975, 75% of global uranium ore production came from quartz-pebble conglomerates and located in the Elliot Lake area of Canada, Witwatersrand, and the Colorado Plateau.
In 1990, 55% of world production came from underground mines, but this shrank to 33% by 1999. From 2000, new Canadian mines again increased the proportion of underground mining, and with Olympic Dam it is now 37%. In situ leach (ISL, or ISR) mining has been steadily increasing its share of the total, mainly due to Kazakhstan.
In 2009, top producing mines included the McArthur River uranium mine at 7400 tU, the Ranger Uranium Mine at 4423 tU, the Rössing uranium mine at 3574 tU, the Moiynkum Desert mines at 3250 tU, the Streltsovsk mine at 3003 tU, the Olympic Dam mine at 2981 tU, the Arlit mine at 1808 tU, the Rabbit Lake mine at 1400 tU, the COMINAK at 1435 tU, and the McClean Lake mine at 1400 tU. The world's largest deposits include the Olympic Dam mine at 295,000 tU, the Imouraren mine at 183,520 tU, the McArthur River mine at 128,900 tU, the Streltsovsk mine at 118,341 tU, the Novokonstantinovka mines at 93,630, the Cigar Lake Mine at 80,500 tU, Uzbekistan mines at 76,000 tU, the Elkon mine at 71,300 tU, the Brazilian Itataia complex at 67,240 tU, the Marenica project at 62,856 tU, the Langer Heinrich Mine at 60,830 tU, the Dominion mine at 55,753 tU, the Inkai Uranium Project at 51,808 tU, the Kiggavik project at 51,574 tU, the Rössing mine at 50,657 tU, the Australian Yeleerie project at 44,077, and the Trekkopje mine at 42,243 tU.
Uranium deposits are classified into 15 categories according to their geological setting and the type of rock in which they are found. This geological classification system is determined by the International Atomic Energy Agency (IAEA).
Uranium is also contained in seawater but at present prices on the uranium market, costs would have to be lowered by a factor of 3–6 to make its recovery economical.
Sandstone uranium deposits are generally of two types. Roll-front type deposits occur at the boundary between the up dip and oxidized part of a sandstone body and the deeper down dip reduced part of a sandstone body. Peneconcordant sandstone uranium deposits, also called Colorado Plateau–type deposits, most often occur within generally oxidized sandstone bodies, often in localized reduced zones, such as in association with carbonized wood in the sandstone.
Precambrian quartz-pebble conglomerate-type uranium deposits occur only in rocks older than two billion years old. The conglomerates also contain pyrite. These deposits have been mined in the Blind River–Elliot Lake district of Ontario, Canada, and from the gold-bearing Witwatersrand conglomerates of South Africa.
Unconformity-type deposits make up about 33% of the World Outside Centrally Planned Economies Areas' (WOCA) uranium deposits.
Olympic Dam mine, the world's largest uranium deposit, was discovered by WMC Resources in 1975 and is owned by BHP.
The Geiger counter was the original radiation detector, recording the total count rate from all energy levels of radiation. Ionization chambers and Geiger counters were first adapted for field use in the 1930s. The first transportable Geiger–Müller counter (weighing 25 kg) was constructed at the University of British Columbia in 1932. H.V. Ellsworth of the GSC built a lighter weight, more practical unit in 1934. Subsequent models were the principal instruments used for uranium prospecting for many years, until geiger counters were replaced by scintillation counters.
The use of airborne detectors to prospect for radioactive minerals was first proposed by G. C. Ridland, a geophysicist working at Port Radium in 1943. In 1947, the earliest recorded trial of airborne Radiometer (ionization chambers and Geiger counters) was conducted by Eldorado Mining and Refining Limited. (a Canadian Crown Corporation since sold to become Cameco Corporation). The first patent for a portable gamma-ray spectrometer was filed by Professors Pringle, Roulston & Brownell of the University of Manitoba in 1949, the same year as they tested the first portable scintillation counter on the ground and in the air in northern Saskatchewan.
Airborne gamma-ray spectrometry is now the accepted leading technique for uranium prospecting with worldwide applications for geological mapping, mineral exploration & environmental monitoring. Airborne gamma-ray spectrometry used specifically for uranium measurement and prospecting must account for a number of factors like the distance between the source and the detector and the scattering of radiation through the minerals, surrounding earth and even in the air. In Australia, a Weathering Intensity Index has been developed to help prospectors based on the Shuttle Radar Topography Mission (SRTM) elevation and airborne gamma-ray spectrometry images.
A deposit of uranium, discovered by geophysical techniques, is evaluated and sampled to determine the amounts of uranium materials that are extractable at specified costs from the deposit. Uranium reserves are the amounts of ore that are estimated to be recoverable at stated costs. As prices rise or technology allows for lower cost of recovery of known, previously uneconomic, deposits, reserves increase. For uranium this effect is particularly pronounced as the biggest currently uneconomic reserve – uranium extraction from seawater – is bigger than all known land based resources of uranium combined.
From 2008 through at least 2024, the only four countries that have reported non-domestic uranium exploration and development expenses are: China, Japan, France, and Russia.
The U.S. is investigating whether China is circumventing a ban on Russian uranium imports by exporting its uranium to the U.S. while importing enriched uranium from Russia. This inquiry follows a spike in Chinese uranium exports to the U.S. after the December 2023 ban, which aimed to cut off funding for Russia's war in Ukraine.
Underground uranium mining is in principle no different from any other hard rock mining and other ores are often mined in association (e.g., copper, gold, silver). Once the ore body has been identified a shaft is sunk in the vicinity of the ore veins, and crosscuts are driven horizontally to the veins at various levels, usually every 100 to 150 metres. Similar tunnels, known as drifts, are driven along the ore veins from the crosscut. To extract the ore, the next step is to drive tunnels, known as raises when driven upwards and winzes when driven downward, through the deposit from level to level. Raises are subsequently used to develop the Stoping where the ore is mined from the veins.
The stope, which is the workshop of the mine, is the excavation from which the ore is extracted. Three methods of stope mining are commonly used. In the "cut and fill" or "open stoping" method, the space remaining following removal of ore after blasting is filled with waste rock and cement. In the "shrinkage" method, only sufficient broken ore is removed via the chutes below to allow miners working from the top of the pile to drill and blast the next layer to be broken off, eventually leaving a large hole. The method known as "room and pillar" is used for thinner, flatter ore bodies. In this method the ore body is first divided into blocks by intersecting drives, removing ore while so doing, and then systematically removing the blocks, leaving enough ore for roof support. The health effects discovered from radon exposure in unventilated uranium mining prompted the switch away from uranium mining via tunnel mining towards open cut and in-situ leaching technology, a method of extraction that does not produce the same occupational hazards, or mine tailings, as conventional mining.
With regulations in place to ensure the use of high volume ventilation technology if any confined space uranium mining is occurring, occupational exposure and mining deaths can be largely eliminated. The Olympic Dam and Canadian underground mines are ventilated with powerful fans with radon levels being kept at a very low to practically "safe level" in uranium mines. Naturally occurring radon in other, non-uranium mines, also may need control by ventilation.
If the economic and geological conditions are right, the mining company will level large areas of land with a small gradient, layering it with thick plastic (usually HDPE or LLDPE), sometimes with clay, silt or sand beneath the plastic liner. The extracted ore will typically be run through a crusher and placed in heaps atop the plastic. The leaching agent will then be sprayed on the ore for 30–90 days. As the leaching agent filters through the heap, the uranium will break its bonds with the oxide rock and enter the solution. The solution will then filter along the gradient into collecting pools which will then be pumped to on-site plants for further processing. Only some of the uranium (commonly about 70%) is actually extracted.
The uranium concentrations within the solution are very important for the efficient separation of pure uranium from the acid. As different heaps will yield different concentrations, the solution is pumped to a mixing plant that is carefully monitored. The properly balanced solution is then pumped into a processing plant where the uranium is separated from the sulfuric acid.
Heap leach is significantly cheaper than traditional milling processes. The low costs allow for lower grade ore to be economically feasible (given that it is the right type of ore body). US environmental law requires that the surrounding ground water is continually monitored for possible contamination. The mine will also have to have continued monitoring even after the shutdown of the mine. In the past mining companies would sometimes go bankrupt, leaving the responsibility of mine reclamation to the public. 21st century additions to US mining law require that companies set aside the money for reclamation before the beginning of the project. The money will be held by the public to insure adherence to environmental standards if the company were to ever go bankrupt.
Uranium ISL uses the native groundwater in the orebody which is fortified with a complexing agent and in most cases an oxidant. It is then pumped through the underground orebody to recover the minerals in it by leaching. Once the pregnant solution is returned to the surface, the uranium is recovered in much the same way as in any other uranium plant (mill).
In Australian ISL mines (Beverley, Four Mile and Honeymoon Mine) the oxidant used is hydrogen peroxide and the complexing agent sulfuric acid. Kazakh ISL mines generally do not employ an oxidant but use much higher acid concentrations in the circulating solutions. ISL mines in the USA use an alkali leach due to the presence of significant quantities of acid-consuming minerals such as gypsum and limestone in the host aquifers. Any more than a few percent carbonate minerals means that alkali leach must be used in preference to the more efficient acid leach.
The Australian government has published a best practice guide for in situ leach mining of uranium, which is being revised to take account of international differences.
At the Takasaki Radiation Chemistry Research Establishment of the Japan Atomic Energy Research Institute (JAERI Takasaki Research Establishment), research and development has continued culminating in the production of adsorbent by irradiation of polymer fiber. Adsorbents have been synthesized that have a functional group (amidoxime group) that selectively adsorbs heavy metals, and the performance of such adsorbents has been improved. Uranium adsorption capacity of the polymer fiber adsorbent is high, approximately tenfold greater in comparison to the conventional titanium oxide adsorbent.
One method of extracting uranium from seawater is using a uranium-specific nonwoven fabric as an adsorbent. The total amount of uranium recovered from three collection boxes containing 350 kg of fabric was >1 kg of yellowcake after 240 days of submersion in the ocean. The experiment by Seko et al. was repeated by Tamada et al. in 2006. They found that the cost varied from ¥15,000 to ¥88,000 depending on assumptions and "The lowest cost attainable now is ¥25,000 with 4g-U/kg-adsorbent used in the sea area of Okinawa, with 18 repetitionuses." With the May, 2008 exchange rate, this was about $240/kg-U.
In 2012, ORNL researchers announced the successful development of a new adsorbent material dubbed "HiCap", which vastly outperforms previous best adsorbents, which perform surface retention of solid or gas molecules, atoms or ions. "We have shown that our adsorbents can extract five to seven times more uranium at uptake rates seven times faster than the world's best adsorbents," said Chris Janke, one of the inventors and a member of ORNL's Materials Science and Technology Division. HiCap also effectively removes toxic metals from water, according to results verified by researchers at Pacific Northwest National Laboratory.
In 2012 it was estimated that this fuel source could be extracted at 10 times the current price of uranium. In 2014, with the advances made in the efficiency of seawater uranium extraction, it was suggested that it would be economically competitive to produce fuel for light water reactors from seawater if the process was implemented at large scale. Uranium extracted on an industrial scale from seawater would constantly be replenished by both river erosion of rocks and the natural process of uranium dissolved from the surface area of the ocean floor, both of which maintain the solubility equilibria of seawater concentration at a stable level. Some commentators have argued that this strengthens the case for nuclear power to be considered a renewable energy.
+ Uranium grades |
200,000 ppm U |
20,000 ppm U |
1,000 ppm U |
100 ppm U |
4–5 ppm U |
2 ppm U |
2.8 ppm U |
0.003 ppm U |
Uranium-235, the fissile isotope of uranium used in nuclear reactors, makes up about 0.7% of uranium from ore. It is the only naturally occurring isotope capable of directly generating nuclear power. While uranium-235 can be "bred" from , a natural decay product of present at 55 ppm in all natural uranium samples, uranium-235 is ultimately a finite non-renewable resource. Due to the currently low price of uranium, the majority of commercial light water reactors operate on a "once through fuel cycle" which leaves virtually all the energy contained in the original , which makes up over 99% of natural uranium, unused. Nuclear reprocessing can recover part of that energy by producing MOX fuel or Remix Fuel for use in conventional power generating light water reactors. This technology is currently used at industrial scale in France, Russia and Japan. However, at current uranium prices, this is widely deemed uneconomical if only the "input" side is considered.
Breeder reactor technology could allow the current reserves of uranium to provide power for humanity for billions of years, thus making nuclear power a sustainable energy.
The known uranium resources represent a higher level of assured resources than is normal for most minerals. Further exploration and higher prices will certainly, on the basis of present geological knowledge, yield further resources as present ones are used up. There was very little uranium exploration between 1985 and 2005, so the significant increase in exploration effort that we are now seeing could readily double the known economic resources. On the basis of analogies with other metal minerals, a doubling of price from price levels in 2007 could be expected to create about a tenfold increase in measured resources, over time.
The world's largest deposits of uranium are found in three countries. Australia has just over 30% of the world's reasonably assured resources and inferred resources of uranium – about . Kazakhstan has about 12% of the world's reserves, or about . Canada has of uranium, representing about 9%.
Due to reduction in nuclear weapons stockpiles, a large amount of former weapons uranium was released for use in civilian nuclear reactors. As a result, starting in 1990, a significant portion of uranium nuclear power requirements were supplied by former weapons uranium, rather than newly mined uranium. In 2002, mined uranium supplied only 54 percent of nuclear power requirements. But as the supply of former weapons uranium has been used up, mining has increased, so that in 2012, mining provided 95 percent of reactor requirements, and the OCED Nuclear Energy Agency and the International Atomic Energy Agency projected that the gap in supply would be completely erased in 2013.
The US DOE keeps inventories for security of supply to cover for emergencies where uranium is not available at any price.
Plutonium recovered from nuclear weapons or other sources can be blended with uranium fuel to produce a mixed-oxide fuel. In June 2000, the US and Russia agreed to dispose of each of weapons-grade plutonium by 2014. The US undertook to pursue a self-funded dual track program (immobilization and MOX). The G-7 nations provided US$1 billion to set up Russia's program. The latter was initially MOX specifically designed for VVER reactors, the Russian version of the Pressurized Water Reactor (PWR), the high cost being because this was not part of Russia's fuel cycle policy. This MOX fuel for both countries is equivalent to about of natural uranium. The U.S. also has commitments to dispose of of non-waste HEU.
Currently, there are eleven reprocessing plants in the world. Of these, two are large-scale commercially operated plants for the reprocessing of spent fuel elements from light water reactors with throughputs of more than of uranium per year. These are La Hague, France with a capacity of per year and Sellafield, England at uranium per year. The rest are small experimental plants. The two large-scale commercial reprocessing plants together can reprocess 2,800 tonnes of uranium waste annually. The United States had reprocessing plants in the past but banned reprocessing in the late 1970s due to the high costs and the risk of nuclear proliferation via plutonium.
The main problems with uranium reprocessing are the cost of mined uranium compared to the cost of reprocessing, At present, reprocessing and the use of plutonium as reactor fuel is far more expensive than using uranium fuel and disposing of the spent fuel directly – even if the fuel is only reprocessed once. Reprocessing is most useful as part of a nuclear fuel cycle using fast-neutron reactors since reprocessed uranium and reactor-grade plutonium both have isotopic compositions not optimal for use in today's thermal-neutron reactors.
Worldwide, approximately 400 wet-process phosphoric acid plants were in operation. Assuming an average recoverable content of 100 ppm of uranium, and that uranium prices do not increase so that the main use of the phosphates are for fertilizers, this scenario would result in a maximum theoretical annual output of U3O8.
In 2012, ORNL researchers announced the successful development of a new absorbent material dubbed HiCap, which vastly outperforms previous best adsorbents, which perform surface retention of solid or gas molecules, atoms or ions. "We have shown that our adsorbents can extract five to seven times more uranium at uptake rates seven times faster than the world's best adsorbents", said Chris Janke, one of the inventors and a member of ORNL's Materials Science and Technology Division. HiCap also effectively removes toxic metals from water, according to results verified by researchers at Pacific Northwest National Laboratory.
From 1965 to 1967 Union Carbide operated a mill in North Dakota, United States, burning uraniferous lignite and extracting uranium from the ash. The plant produced about 150 metric tons of U3O8 before shutting down.
An international consortium has set out to explore the commercial extraction of uranium from uraniferous coal ash from coal power stations located in Yunnan province, China. The first laboratory scale amount of yellowcake uranium recovered from uraniferous coal ash was announced in 2007. The three coal power stations at Xiaolongtang, Dalongtang and Kaiyuan have piled up their waste ash. Initial tests from the Xiaolongtang ash pile indicate that the material contains (160–180 parts per million uranium), suggesting a total of U3O8 could be recovered from that ash pile alone.
There are two types of breeders: fast breeders and thermal breeders. Efforts at commercializing breeder reactors have been largely unsuccessful, due to higher costs and complexity compared to LWR, as well as political opposition. A few commercial breeder reactors exist. In 2016, the Russian BN-800 fast-neutron breeder reactor started producing commercially at full power (800 MWe), joining the previous BN-600. , the Chinese CFR-600 is under construction after the success of the China Experimental Fast Reactor, based on the BN-800. These reactors are currently generating mostly electricity rather than new fuel because the abundance and low price of mined and reprocessed uranium oxide makes breeding uneconomical, but they can switch to breed new fuel and close the cycle as needed. The CANDU reactor, which was designed to be fueled with natural uranium, is capable of using spent fuel from Light Water Reactors as fuel, since it contains more fissile material than natural uranium. Research into "DUPIC" – direct use of PWR spent fuel in CANDU type reactors – is ongoing and could increase the usability of fuel without the need for reprocessing.
Uranium turned out to be far more plentiful than anticipated, and the price of uranium declined rapidly (with an upward blip in the 1970s). This is why the United States halted their use in 1977, and the UK abandoned the idea in 1994. Significant technical and materials problems were encountered with FBRs, and geological exploration showed that scarcity of uranium was not going to be a concern for some time. By the 1980s, due to both factors, it was clear that FBRs would not be commercially competitive with existing light water reactors. The economics of FBRs still depend on the value of the plutonium fuel which is bred, relative to the cost of fresh uranium.
At higher uranium prices may be economically justified. Many nations have ongoing breeder research programs. China, India, and Japan plan large scale use of breeder reactors during the coming decades. 300 reactor-years experience has been gained in operating them.
Despite the thorium fuel cycle having a number of attractive features, development on a large scale can run into difficulties, mainly due to the complexity of fuel separation and reprocessing. Advocates for liquid core and molten salt reactors such as LFTR claim that these technologies negate the above-mentioned thorium's disadvantages present in solid-fueled reactors.
The first successful commercial reactor at the Indian Point Energy Center in Buchanan, New York, (Indian Point Unit 1) ran on thorium. The first core did not live up to expectations.
As some countries are not able to supply their own needs of uranium economically, countries have resorted to importing uranium ore from elsewhere. For example, owners of U.S. nuclear power reactors bought of natural uranium in 2006. Out of that 84%, or , were imported from foreign suppliers, according to the Energy Department.
Because of the improvements in gas centrifuge technology in the 2000s, replacing former gaseous diffusion plants, cheaper separative work units have enabled the economic production of more enriched uranium from a given amount of natural uranium, by re-enriching tails ultimately leaving a depleted uranium tail of lower enrichment. This has somewhat lowered the demand for natural uranium.
Nuclear power stations of 1000 megawatt electrical generation capacity require around of natural uranium per year. For example, the United States has 103 operating reactors with an average generation capacity of 950 MWe demanded over of natural uranium in 2005. As the number of nuclear power plants increases, so does the demand for uranium.
As nuclear power plants take a long time to build and refuelling is undertaken at sporadic, predictable intervals, uranium demand is rather predictable in the short term. It is also less dependent on short-term economic boom–bust cycles as nuclear power has one of strongest fixed costs to variable costs ratios (i.e. the marginal costs of running, rather than leaving idle an already constructed power plant are very low, compared to the of construction) and it is thus nearly never advisable to leave a nuclear power plant idle for economic reasons. However, nuclear policy can lead to short term fluctuations in demand, as evidenced by the German nuclear phaseout, which was decided upon by the government of Gerhard Schröder (1998–2005) reversed during the second Merkel cabinet (2009–2013) only for a reversal of that reversal to occur as a consequence of the Fukushima nuclear accident, which also led to the temporary shutdown of several German nuclear power plants.
Since 1981 uranium prices and quantities in the US are reported by the Department of Energy. The import price dropped from 32.90 US$/lb-U3O8 in 1981 down to 12.55 in 1990 and to below 10 US$/lb-U3O8 in the year 2000. Prices paid for uranium during the 1970s were higher, 43 US$/lb-U3O8 is reported as the selling price for Australian uranium in 1978 by the Nuclear Information Centre. Uranium prices reached an all-time low in 2001, costing US$7/lb, but in April 2007 the price of Uranium on the spot market rose to US$113.00/lb, a high point of the uranium bubble of 2007. This was very close to the all time high (adjusted for inflation) in 1977.
Following the 2011 Fukushima nuclear disaster, the global uranium sector remained depressed with the uranium price falling more than 50%, declining share values, and reduced profitability of uranium producers since March 2011 and into 2014. As a result, uranium companies worldwide are reducing costs, and limiting operations. As an example, Westwater Resources (previously Uranium Resources), has had to cease all uranium operations due to unfavorable prices. Since then, Westwater has tried branching out into other markets, namely lithium and graphite.
As of July 2014, the price of uranium concentrate remained near a five-year low, the uranium price having fallen more than 50% from the peak spot price in January 2011, reflecting the loss of Japanese demand following the 2011 Fukushima nuclear disaster.Cameco, Uranium 5-year spot price history , accessed 7 Sept. 2014. As a result of continued low prices, in February 2014 mining company Cameco deferred plans to expand production from existing Canadian mines, although it continued work to open a new mine at Cigar Lake. Also in February 2014, Paladin energy suspended operations at its mine in Malawi, saying that the high-cost operation was losing money at current prices.
banned in 1986. Prospecting is legal. | ||
banned | ||
one of the world's largest sources | ||
no active mines | ||
banned | ||
a long history of uranium mining | ||
ban lifted in 2008, reinstated in 2017 | ||
ban lifted | ||
banned in 2021 | ||
banned in 1996 | ||
banned in 1982 | ||
banned in 2019 | ||
a major producer | ||
In Europe a mixed situation exists. Considerable nuclear power capacities have been developed, notably in Belgium, Finland, France, Germany, Spain, Sweden, Switzerland, and the UK. In many countries development of nuclear power has been stopped and phased out by legal actions. In Italy the use of nuclear power was barred by a referendum in 1987; this is now under revision. Ireland in 2008 also had no plans to change its non-nuclear stance.
The years 1976 and 1977 saw uranium mining become a major political issue in Australia, with the Ranger Inquiry (Fox) report opening up a public debate about uranium mining.Bauer, Martin (ed) (1995). Resistance to New Technology, Cambridge University Press, p. 173. The Movement Against Uranium Mining group was formed in 1976, and many protests and demonstrations against uranium mining were held.Drew Hutton and Libby Connors, (1999). A History of the Australian Environmental Movement, Cambridge University Press. Concerns relate to the health risks and environmental damage from uranium mining. Notable Australian anti-uranium activists have included Kevin Buzzacott, Jacqui Katona, Yvonne Margarula, and Jillian Marsh.Jennifer Thompson. Anti-nuke protests Green Left Weekly, 16 July 1997.
The World Uranium Hearing was held in Salzburg, Austria, in September 1992. Anti-nuclear speakers from all continents, including indigenous speakers and scientists, testified to the health and environmental problems of uranium mining and processing, nuclear power, nuclear weapons, nuclear tests, and radioactive waste disposal. People who spoke at the 1992 hearing include: Thomas Banyacya, Katsumi Furitsu, Manuel Pino and Floyd Red Crow Westerman. They highlighted the threat of radioactive contamination to all peoples, especially indigenous communities, and said that their survival requires self-determination and emphasis on spiritual and cultural values. Increased renewable energy commercialization was advocated.
The Kingdom of Saudi Arabia with the help of China has built an extraction facility to obtain uranium yellowcake from uranium ore. According to Western officials with information regarding the extraction site, the process is conducted by the oil-rich kingdom to champion nuclear technology. However, Saudi Energy Minister denied having built a uranium ore facility and claimed that the extraction of minerals is a fundamental part of the kingdom's strategy to diversify its economy.
Despite sanctions on Russia some countries still buy its uranium in 2022, and some argue the EU should stop. S&P Global say non-Russian miners await more certainty before deciding whether to invest in new mines.
The first major studies with radon and health occurred in the context of uranium mining, first in the Joachimsthal region of Bohemia and then in the Southwestern United States during the early Cold War. Because radon is a product of the radioactive decay of uranium, underground uranium mines may have high concentrations of radon. Many uranium miners in the Four Corners region contracted lung cancer and other pathologies as a result of high levels of exposure to radon in the mid-1950s. The increased incidence of lung cancer was particularly pronounced among Navajo and Mormon (who generally have low rates of lung cancer) miners. This is in part due to the religious prohibition on smoking in Mormonism. Safety standards requiring expensive ventilation were not widely implemented or policed during this period. While radon exposure is the main source of lung cancer in non-smokers who aren't exposed to asbestos, there is evidence that the combination of smoking and radon exposure increases the risk above the combined risks of either harmful substance.
In studies of uranium miners, workers exposed to radon levels of 50 to 150 picocuries of radon per liter of air (2000–6000 Bq/m3) for about 10 years have shown an increased frequency of lung cancer. Toxological profile for radon , Agency for Toxic Substances and Disease Registry, U.S. Public Health Service, In collaboration with U.S. Environmental Protection Agency, December 1990. Statistically significant excesses in lung cancer deaths were present after cumulative exposures of less than 50 WLM. There is unexplained heterogeneity in these results (whose confidence intervals do not always overlap). The size of the radon-related increase in lung cancer risk varied by more than an order of magnitude between the different studies.
Since that time, ventilation and other measures have been used to reduce radon levels in most affected mines that continue to operate. In recent years, the average annual exposure of uranium miners has fallen to levels similar to the concentrations inhaled in some homes. This has reduced the risk of occupationally induced cancer from radon, although it still remains an issue both for those who are currently employed in affected mines and for those who have been employed in the past. The power to detect any excess risks in miners nowadays is likely to be small, exposures being much smaller than in the early years of mining. Coal mining in addition to other health risks can also expose miners to radon as uranium (and its decay product radon) are often found in and near coal deposits and can accumulate underground as radon is denser than air.
In the USA, the Radiation Exposure Compensation Act provides compensation to sufferers of various health problems linked to radiation exposure, or to their surviving relatives. Uranium miners, uranium mill workers and uranium transport workers have been compensated under the scheme.
The Uranium Mill Tailings Radiation Control Act is a United States environmental law that amended the Atomic Energy Act of 1954 and gave the Environmental Protection Agency the authority to establish health and environmental standards for the stabilization, restoration, and disposal of uranium mill tailings. Title 1 of the Act required the EPA to set environmental protection standards consistent with the Resource Conservation and Recovery Act, including groundwater protection limits; the Department of Energy to implement EPA standards and provide perpetual care for some sites; and the Nuclear Regulatory Commission to review cleanups and license sites to states or the DOE for perpetual care. Title 1 established a uranium mill remedial action program jointly funded by the federal government and the state. Title 1 of the Act also designated 22 inactive uranium mill sites for remediation, resulting in the containment of 40 million cubic yards of low-level radioactive material in UMTRCA Title 1 holding cells.
, identified uranium reserves recoverable at US$130/kg were 6.14 million tons (compared to 5.72 million tons in 2015). At the rate of consumption in 2017, these reserves are sufficient for slightly over 130 years of supply. The identified reserves as of 2017 recoverable at US$260/kg are 7.99 million tons (compared to 7.64 million tons in 2015).
The expected amount of usable uranium for nuclear power that is recoverable depends greatly on how it is used. The main factor is the nuclear technology: light-water reactors, which comprise the great majority of reactors today, only consume about 0.5% of their uranium fuel, leaving over 99% of it as spent fuel waste. Fast breeder reactors instead consume closer to 99% of uranium fuel. Another factor is the ability to extract uranium from seawater. About 4.5 billion tons of uranium are available from seawater at about 10 times the current price of uranium with current extraction technology, which is about a thousand times the known uranium reserves. The Earth's crust contains approximately 65 trillion tons of uranium, of which about 32 thousand tons flow into oceans per year via rivers, which are themselves fed via geological cycles of erosion, subduction and uplift. The ability to extract uranium from seawater economically would therefore make uranium a renewable resource in practice.
Uranium can also be bred from thorium (which is itself 3–4 times as abundant as uranium) in certain breeder reactors, although there are currently no commercially practical thorium reactors in the world and their development would require substantial financial investment which is not justified given the current low prices of natural uranium.
Thirteen countries have hit peak and exhausted their economically recoverable uranium resources at current prices according to the Energy Watch Group.
In a similar manner to every other natural metal resource, for every tenfold increase in the cost per kilogram of uranium, there is a three-hundredfold increase in available lower quality ores that would then become economical. The theory could be observed in practice during the uranium bubble of 2007 when an unprecedented price hike led to investments in the development of uranium mining of lower quality deposits, which mostly became after uranium prices returned to a lower level.
One highly criticized life cycle study by Jan Willem Storm van Leeuwen suggested that below 0.01–0.02% (100–200 ppm) in ore, the energy required to extract and process the ore to supply the fuel, operate reactors and dispose properly comes close to the energy gained by using the uranium as a fissible material in the reactor. Researchers at the Paul Scherrer Institute who analyzed the Jan Willem Storm van Leeuwen paper, however, have detailed the number of incorrect assumptions of Jan Willem Storm van Leeuwen that led them to this evaluation, including their assumption that all the energy used in the mining of Olympic Dam is energy used in the mining of uranium, when that mine is predominantly a copper mine and uranium is produced only as a co-product, along with gold and other metals. The report by Jan Willem Storm van Leeuwen also assumes that all enrichment is done in the older and more energy intensive gaseous diffusion technology, whereas the less energy intensive gas centrifuge technology has produced the majority of the world's enriched uranium now for a number of decades.
In the early days of the nuclear industry, uranium was thought to be very scarce, so a closed fuel cycle would be needed. Fast breeder reactors would be needed to create nuclear fuel for other power producing reactors. In the 1960s, new discoveries of reserves and new uranium enrichment techniques allayed these concerns. An appraisal of nuclear power by a team at MIT in 2003, and updated in 2009, stated that:
According to data from the International Atomic Energy Agency, world production of mined uranium has peaked twice in the past: once, circa 1960 in response to stockpiling for military use, and again in 1980, in response to stockpiling for use in commercial nuclear power. Up until about 1990, the mined uranium production was in excess of consumption by power plants. But since 1990, consumption by power plants has outstripped the uranium being mined; the deficit being made up by liquidation of the military (through decommissioning of nuclear weapons) and civilian stockpiles. Uranium mining has increased since the mid-1990s, but is still less than the consumption by power plants.Jan Slezak, "Red Book – Uranium: Resources, Production and Demand", International Atomic Energy Agency workshop, Ghana, July 2010, p. 24.
Various agencies have tried to estimate how long these resources will last. The European Commission said in 2001 that at the current level of uranium consumption, known uranium resources would last 42 years. When added to military and secondary sources, the resources could be stretched to 72 years. Yet this rate of usage assumes that nuclear power continues to provide only a fraction of the world's energy supply. If electric capacity were increased six-fold, then the 72-year supply would last just 12 years. According to the industry groups OECD, NEA and IAEA, the world's present measured resources of uranium, economically recoverable at a price of US$130/kg, are enough to last for 100 years at current consumption. According to the Australian Uranium Association, another industry group, assuming the world's current rate of consumption at 66,500 tonnes of uranium per year and the world's present measured resources of uranium (4.7 Mt) are enough to last for 70 years.
The OECD estimates that with the world nuclear electricity generating rates of 2002, with LWR, once-through fuel cycle, there are enough conventional resources to last 85 years using known resources and 270 years using known and as yet undiscovered resources. With breeders, this is extended to 8,500 years.
If one is willing to pay $300/kg for uranium, there is a vast quantity available in the ocean. It is worth noting that since fuel cost only amounts to a small fraction of nuclear energy total cost per kWh, and raw uranium price also constitutes a small fraction of total fuel costs, such an increase on uranium prices would not involve a very significant increase in the total cost per kWh produced.
In 1983, physicist Bernard Cohen proposed that uranium is effectively inexhaustible, and could therefore be considered a renewable source of energy. He claims that fast breeder reactors, fueled by naturally replenished uranium extracted from seawater, could supply energy at least as long as the sun's expected remaining lifespan of five billion years. While uranium is a finite mineral resource within the earth, the hydrogen in the sun is finite too – thus, if the resource of nuclear fuel can last over such time scales, as Cohen contends, then nuclear energy is every bit as sustainable as solar power or any other source of energy, in terms of sustainability over the time scale of life surviving on this planet. His paper assumes extraction of uranium from seawater at the rate of per year of uranium. The current demand for uranium is near per year; however, the use of breeder reactors means that uranium would be used at least 60 times more efficiently than today.
James Hopf, a nuclear engineer writing for American Energy Independence in 2004, believes that there is several hundred years' supply of recoverable uranium even for standard reactors. For breeder reactors, "it is essentially infinite".
The IAEA estimates that using only known reserves at the current rate of demand and assuming a once-through nuclear cycle that there is enough uranium for at least 100 years. However, if all primary known reserves, secondary reserves, undiscovered and unconventional sources of uranium are used, uranium will be depleted in 47,000 years. Kenneth S. Deffeyes estimates that if one can accept ore one tenth as rich then the supply of available uranium increases 300 times. His paper shows that uranium concentration in ores is log-normal distributed. There is relatively little high-grade uranium and a large supply of very low grade uranium. Ernest Moniz, a professor at the Massachusetts Institute of Technology and the former United States Secretary of Energy, testified in 2009 that an abundance of uranium had put into question plans to reprocess spent nuclear fuel. The reprocessing plans dated from decades previous, when uranium was thought to be scarce. But now, "roughly speaking, we've got uranium coming out of our ears, for a long, long time".
Uranium is different from conventional energy resources, such as oil and coal, in several key aspects. Those differences limit the effects of short-term uranium shortages, but most have no bearing on the eventual depletion. Some key features are:
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