Home > Nuclear > Uranium Marketing Annual Report

Uranium Marketing Annual Report
                                         
Uranium Purchases and Prices

Owners and operators of U.S. civilian nuclear power reactors purchased a total of 50 million pounds U3O8e (equivalent) of deliveries from U.S. suppliers and foreign suppliers during 2009, at a weighted-average price of $45.86 per pound U3O8e. The 2009 total of 50 million pounds U3O8e decreased 7 percent compared with the 2008 total of 53 million pounds U3O8e. Fourteen percent of the U3O8e delivered in 2009 was U.S.-origin uranium at a weighted-average price of $48.92 per pound. Foreign-origin uranium accounted for the remaining 86 percent of deliveries at a weighted-average price of $45.35 per pound. Australian-origin and Canadian-origin uranium together accounted for 40 percent of the 50 million pounds. Uranium originating in Kazakhstan, Russia and Uzbekistan accounted for 29 percent and the remaining 17 percent originated from Brazil, Czech Republic, Namibia, Niger, and South Africa. Owners and operators of U.S. civilian nuclear power reactors purchased uranium for 2009 deliveries from 29 sellers, down from the 33 sellers in 2008. Owners and operators of U.S. civilian nuclear power reactors purchased uranium of several material types. Uranium concentrate was 69 percent of the deliveries in 2009; natural UF6 and enriched uranium were 31 percent. During 2009, 17 percent of the uranium was purchased under spot contracts at a weighted-average price of $46.45 per pound. The remaining 83 percent was purchased under long-term contracts at a weighted-average price of $45.74 per pound. Spot contracts are a one-time delivery (usually) of the entire contract to occur within one year of contract execution (signed date). Long-term contracts include those with one or more deliveries to occur after a year following the contract execution (signed date) and as such may reflect some agreements of short and medium terms as well as longer term.

1994-2009 Data:
Uranium Purchased by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2009


2005-2009 Data:
Suppliers and Origins: Table 1 and Figures 1 and 2 Table 2 and Figures 3 and 4 Table 3 and Figure 5
Material and Contract Types: Table 4 and Figure 6 Table 7
Pricing Mechanisms Distributions: Table 5 and Figure 7 Tables 6a and 6b


New and Future Uranium Contracts

In 2009, owners and operators of U.S. civilian nuclear power reactors signed a total of 86 new purchase contracts, of which 51 were new spot contracts and 35 were new long-term contracts with deliveries of 75 million pounds U3O8e from 2009 through 2019. For the 2009 deliveries of 8 million pounds, there were 40 new spot purchase contracts and 4 new long-term purchase contracts.

As of the end of 2009, the maximum uranium deliveries for 2010 through 2019 under existing purchase contracts for owners and operators of U.S. civilian nuclear power reactors totaled 261 million pounds U3O8e. Also as of the end of 2009, unfilled uranium market requirements for 2010 through 2019 totaled 242 million pounds U3O8e. These contracted deliveries and unfilled market requirements combined represent the maximum anticipated market requirements of 503 million pounds U3O8e over the ten year period for owners and operators of U.S. civilian nuclear power reactors.

 

2009-2019 Data:

Purchase Contracts Signed in 2009: Table 8 Table 9 and Figure 8
Future Deliveries and Unfilled Requirements: Table 10 and Figure 9 Table 11 and Figure 10 Table 12 and Figure 11


Uranium Feed, Enrichment Services, Uranium Loaded

In 2009, owners and operators of U.S. civilian nuclear power reactors delivered 52 million pounds U3O8e of natural uranium feed to U.S. and foreign enrichers. Fifty-two percent of the feed was delivered to U.S. enrichment suppliers and the remaining 48 percent was delivered to foreign enrichment suppliers. Seventeen million separative work units (SWU) were purchased under enrichment services contracts from 7 sellers in 2009. The average price paid by the owners and operators of U.S. civilian nuclear power reactors for the 17 million SWU was $130.78 per SWU, an 8 percent increase compared with the 2008 average price of $121.33 per SWU. In 2009, the U.S.-origin SWU share was 24 percent and foreign-origin SWU accounted for the remaining 76 percent. Russian-origin SWU was 32 percent of the total. France, Germany, Netherlands, and the United Kingdom had an aggregate share of 36 percent. Uranium in fuel assemblies loaded into U.S. civilian nuclear power reactors during 2009 contained 49 million pounds U3O8e, compared with 51 million pounds U3O8e loaded during 2008. Eleven percent of the uranium loaded during 2009 was U.S.-origin uranium, and 89 percent was foreign-origin uranium.

 

1994-2009 Data:
Uranium Feed Deliveries, Enrichment Services, and Uranium Loaded by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2009

2005-2009 Data:
Uranium Feed for Enrichment: Table 13 and Figure 12 Table 14 and Figure 13 Table 15 and Figure 14
Purchased Enrichment Services (SWU): Table 16 and Figure 15 Table 17
Loaded Uranium: Table 18 and Figure 16



Uranium Foreign Purchases/Sales and Inventories

U.S. suppliers (brokers, converters, enrichers, fabricators, producers, and traders) and owners and operators of U.S. civilian nuclear power reactors purchase uranium each year from foreign suppliers. Foreign purchases totaled 59 million pounds U3O8e in 2009, and the weighted-average price was $41.23 per pound U3O8e. Also, U.S. suppliers and owners and operators of U.S. civilian nuclear power reactors sold uranium to foreign suppliers. Foreign sales totaled 23 million pounds U3O8e in 2009, and the weighted-average price was $41.48 per pound U3O8e. The 2009 foreign sales increased 36 percent compared with the 2008 foreign sales total of 17 million pounds U3O8e. Year-end commercial uranium inventories represent ownership of uranium in different stages of the nuclear fuel cycle (in-process for conversion, enrichment, or fabrication) at domestic or foreign nuclear fuel facilities. Commercial uranium inventories owned at the end of the year by owners and operators of U.S. civilian nuclear power reactors in 2009 totaled 84 million pounds U3O8e, an increase of one percent from year-end 2008 and 29 percent from year-end 2005. Overall, total U.S. commercial inventories (including inventories owned by U.S. brokers, converter, enrichers, fabricators, producers, and traders) was 110 million pounds U3O8e as of the end of 2009. Uranium inventories owned by U.S. brokers and traders were 13 million pounds U3O8e. U.S. converter, enrichers, fabricators and producers owned 13 million pounds U3O8e of inventories at the end of 2009.

 

1994-2009 Data:
Foreign Purchases, Foreign Sales, and Uranium Inventories by U.S. Suppliers and Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2009

2005-2009 Data:
Foreign Purchases and Sales: Table 19 and Figure 17 Table 20 and Figure 18 Table 21 and Figure 19
Commercial Inventories: Table 22 and Figures 20 and 21 Table 23
(All Figures and Tables also available in printer-friendly format PDF logo)
Uranium Data Tables and Figures
Formats
Uranium Purchased
  by Supplier (Table 1. and Figures 1 and 2) html pdf
  by Origin (Table 2. and Figures 3 and 4) html pdf
  by Origin Country (Table 3. and Figure 5) html pdf
  by Origin and Material Type (Table 4. and
  Figure 6)
html pdf
Price Mechanisms, Distributions and Contract Types
  by Pricing Mechanisms (Table 5. and
  Figure 7)
html pdf
  by Price and Distributed by
  Quantity (Tables 6a.)
html pdf
  by Price and Distributed by
  Purchaser (Tables 6b.)
html pdf
  by Contract Type (Table 7.) html pdf
New Purchases

  Contracts Signed in 2009 (Table 8.)

html pdf

  Signed in 2009, by Delivery Year,
  2010-2019 (Table 9. and Figure 8)

html pdf
Future Deliveries
  In Effect at the End 2009 (Table 10. and
  Figure 9)
html pdf
  Unfilled Requirements (Table 11. and
  Figure 10)
html pdf
  Maximum Anticipated Market
  Requirements (Table 12. and Figure 11)
html pdf
Feed for Enrichment
  by Enrichment Country (Table 13. and
  Figure 12)
html pdf
  by Origin Country (Table 14. and Figure
  13)
html pdf
  Shipments to Enrichment Suppliers,
  2010-2019 (Table 15. and Figure 14)
html pdf
SWU
  Enrichment Services by Origin Country
  (Table 16. and Figure 15)
html pdf
  Enrichment Services by Contract Type
  (Table 17.)
html pdf
Loaded Uranium
  in Fuel Assemblies (Table 18. and Figure
  16)
html pdf
Foreign Purchases and Sales
  Foreign Purchases (Table 19. and Figure
  17)
html pdf
  U.S. Broker and Trader Purchases
  (Table 20. and Figure 18)
html pdf
  Foreign Sales (Table 21. and Figure 19) html pdf
Commercial Inventories
  Natural and Enriched (Table 22. and
  Figures 20 and 21)
html pdf
  Uranium by Owner (Table 23.) html pdf

Other Reports
  Domestic Uranium Production Report - Quarterly
  2008 Uranium Market Annual ReportPDF logo
  Domestic Uranium Production Report - Annual
  Archive



Contact: