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Kazakhstan Leading Supplier of Uranium to US Nuclear Plants in 2014
Oct. 06, 2015 11:46AM PST
Energy InvestingWorld Nuclear News reported that Kazakhstan overtook Australia as the leading supplier of uranium to US nuclear plants in 2014, as per the US Energy Information Administration (EIA).
World Nuclear News reported that Kazakhstan overtook Australia as the leading supplier of uranium to US nuclear plants in 2014, as per the US Energy Information Administration (EIA).
As quoted in the market news:
Of the uranium purchased by US reactor owners and operators, 23% was of Kazakh origin, while 20% came from Australia and 18% from Canada.
Citing figures from its Uranium Marketing Annual Report, published in May 2015, the EIA said that 12 million pounds U3O8 (4616 tU) purchased from Kazakhstan was almost double the 6.5 million pounds (2500 tU) of Kazakh-origin uranium purchased by US plants in 2013.
“Average Kazakh uranium prices have been lower than other major supplying countries’ prices for the past two years. Uranium from Kazakhstan was $44.47 per pound in 2014, compared with the overall weighted-average price of $46.65 per pound for the 41.3 million pounds of uranium purchased from producers outside Kazakhstan in 2014,” the EIA said.
According to the EIA’s figures, the weighted average price for 2014 deliveries of Australian uranium was $48.03 per pound, and $45.87 per pound for Canadian uranium.