DOE/EIA-0478(2000)

Uranium Industry Annual 2000

May 2001

Energy Information Administration

Office of Coal, Nuclear, Electric and Alternate Fuels

U.S. Department of Energy

Washington, DC 20585

This report is available on the Web at:

 http://www.eia.doe.gov/fuelnuclear.html

This report was prepared by the Energy Information Administration, the independent statistical and

analytical agency within the U.S. Department of Energy. The information contained herein should be

attributed to the Energy Information Administration and should not be construed as advocating or

reflecting any policy of the Department of Energy or any other organization.
ii Energy Information Administration/ Uranium Industry Annual 2000

Contacts

This report was prepared by staff of the Nuclear Fuel

Cycle Information Team; Coal, Nuclear and

Renewables Division; Office of Coal, Nuclear,

Electric and Alternate Fuels.

Questions about this publication, as well as other

energy inquiries, may be directed to the National

Energy Information Center on (202) 586-8800 or

Internet e-mail at infoctr@eia.doe.gov.

Questions regarding specific sections in the report

should be directed as follows:

Highlights, Chapters 1 and 2, Appendices A, C,

D, E:

Douglas Bonnar on (202) 287-1911

or e-mail at douglas.bonnar@eia.doe.gov

Appendix B: Resources and Reserves:

Luther Smith on (202) 287-1728

or e-mail at luther.smith@eia.doe.gov
Energy Information Administration/ Uranium Industry Annual 2000 iii

Preface

The Uranium Industry Annual 2000 (UIA 2000)

provides current statistical data on the U.S. uranium

industry’s activities relating to uranium raw materials

and uranium marketing. The UIA 2000 is prepared

for use by the Congress, Federal and State agencies,

the uranium and nuclear electric utility industries,

and the public. It contains data for the period 1991

through 2010 as collected on the Form EIA-858,

“Uranium Industry Annual Survey.”

Data collected on the “Uranium Industry Annual

Survey” provide a comprehensive statistical

characterization of the industry’s activities for the

survey year and also include some information about

industry’s plans and commitments for the near-term

future. Where aggregate data are presented in the

UIA 2000, care has been taken to protect the

confidentiality of company-specific information

while still conveying accurate and complete

statistical data.

The legal authority for Form EIA-858, “Uranium

Industry Annual Survey,” comes from Section 13b

of the Federal Energy Administration Act of 1974

(15 U.S.C. 2210b).

On October 24, 1992, the Congress enacted the

Energy Policy Act of 1992 (EPACT 1992), Public

Law 102-486. This law provides under Subtitle B,

42 USC § 2296b-4, Sec. 1015, that:

". . . the owner or operator of any civilian

nuclear power reactor shall report to the

Secretary (of Energy), acting through the

Administrator of the Energy Information

Administration, for activities of the previous

fiscal year—

(1) the country of origin and the seller of

any uranium or enriched uranium

purchased or imported into the United States

either directly or indirectly by such owner

or operator; and

(2) the country of origin and the seller of

any enrichment services purchased by such

owner or operator."

The information is required to be made available to

the Congress annually. For 1992 through 1995, this

information was provided in a separate issue entitled

Uranium Purchases Report, that is no longer being

produced. The data is now contained in Chapter 2

(pages 11 and 13, Tables 12, 22, 23, and 25) of this

report.

Data on uranium raw materials activities for 1991

through 2000, including exploration activities and

expenditures, EIA-estimated reserves, mine

production of uranium, production of uranium

concentrate, and industry employment, are presented

in Chapter 1. Data on uranium marketing activities

for 1996 through 2010, including purchases of

uranium and enrichment services, enrichment feed

deliveries, uranium fuel assemblies, contracted and

unfilled market requirements, and uranium

inventories, are shown in Chapter 2.

The methodology used in the 2000 survey, including

data edit and analysis, is described in Appendix A.

The methodologies for estimation of resources and

reserves are described in Appendix B. A list of

respondents to the “Uranium Industry Annual

Survey” is provided in Appendix C. The Form EIA858 “Uranium Industry Annual Survey” is shown in

Appendix D. For the readers convenience, metric

versions of selected tables from Chapters 1 and 2

are presented in Appendix E along with the standard

conversion factors used. A glossary of technical

terms is at the end of the report.
Energy Information Administration/ Uranium Industry Annual 2000 v

Contents

Page

Highlights .................................................................................................................................................... ix

1. U.S. Uranium Raw Materials Industry .................................................................................................... 1

2. Uranium Marketing Activities in the United States .............................................................................. 11

Appendices

A. Survey Methodology........................................................................................................................ 35

B. Resources and Reserves ................................................................................................................... 41

C. Respondents to the Uranium Industry Annual Survey..................................................................... 47

D. Form EIA-858: Uranium Industry Annual Survey ........................................................................... 51

E. U.S. Customary Units of Measurement, International System of Units (SI), and

Selected Data Tables in SI Metric Units .......................................................................................... 65

Glossary ...................................................................................................................................................... 79
vi Energy Information Administration/ Uranium Industry Annual 2000

Tables Page

1. U.S. Uranium Land and Surface Drilling Activities, 1991-2000 ....................................................... 6

2. Expenditures for Exploration and Development of Uranium in the United States, 1991-2000 ......... 6

3. U.S. Forward-Cost Uranium Reserves by Mining Method, 2000 ...................................................... 7

4. U.S. Uranium Mine Production and Number of Mines and Sources, 1991-2000 .............................. 7

5. U.S. Uranium Concentrate Processing Operations, 1991-2000 ......................................................... 8

6. Operating Status of Conventional Uranium Mills, End of the Year, 1997-2000 ................................ 9

7. Operating Status of Nonconventional Uranium Plants, End of the Year 2000................................... 9

8. Employment in the U.S. Uranium Industry by Category, 1991-2000............................................... 10

9. Employment in the U.S. Uranium Industry by State, 2000 .............................................................. 10

10. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by

Supplier, Transaction Type, and Delivery Year, 1996-2000 ............................................................. 20

11. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by Origin,

Transaction Type, and Delivery Year, 1996-2000 ............................................................................ 20

12. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Origin

Country and Delivery Year, 1998-2000 ............................................................................................ 21

13. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Origin

and Material Type, 2000 Deliveries ................................................................................................. 22

14. Average Price and Quantity for Purchased Uranium by Owners and Operators of U.S. Civilian

Nuclear Power Reactors by Pricing Mechanisms, 2000 Deliveries ................................................. 22

15. Price Distributions of Uranium Purchases by Owners and Operators of U.S. Civilian Nuclear

Power Reactors by Delivery Year, 1998-2000 .................................................................................. 23

16. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Contract

Type and Material Type, 2000 Deliveries ........................................................................................ 23

17. Contracts Signed by Owners and Operators of U.S. Civilian Nuclear Power Reactors in 2000 by

Contract Type with 2000 Deliveries ................................................................................................. 24

18. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases of Uranium,

Signed in 2000, by Delivery Year, 2001-2010 .................................................................................. 24

19. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases of Uranium

from Suppliers, in Effect at the End of 2000, by Delivery Year, 2001-2010.................................... 25

20. Unfilled Uranium Requirements of Owners and Operators of U.S. Civilian Nuclear Power

Reactors, 2001-2010 ......................................................................................................................... 25

21. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S. Civilian

Nuclear Power Reactors, 2001-2010, as of December 31, 2000 ...................................................... 26

22. Owners and Operators of U.S. Civilian Nuclear Power Reactors Deliveries of Uranium Feed by

Enrichment Country and Delivery Year, 1998-2000 ........................................................................ 26

23. Owners and Operators of U.S. Civilian Nuclear Power Reactors Deliveries of Uranium Feed for

Enrichment by Origin Country and Delivery Year, 1998-2000 ........................................................ 27

24. Shipments of Uranium Feed by Owners and Operators of U.S. Civilian Nuclear Power Reactors to

Domestic and Foreign Enrichment Suppliers, 2001-2010 ................................................................ 27

25. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchases of Enrichment Services

by Origin Country and Delivery Year, 1996-2000............................................................................ 28

26. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchases of Enrichment Services

by Contract Type in Delivery Year, 2000 ......................................................................................... 28

27. Uranium in Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors by Year,

1996-2000 ......................................................................................................................................... 28
Energy Information Administration/ Uranium Industry Annual 2000 vii

Tables (Continued) Page

28. Foreign Purchases of Uranium by U.S. Suppliers and Owners and Operators of U.S. Civilian

Nuclear Power Reactors by Delivery Year, 1996-2000 .................................................................... 29

29. U.S. Broker and Trader Purchases of Uranium by Origin, Supplier, and Delivery Year,

1996-2000 ......................................................................................................................................... 29

30. Foreign Sales of Uranium from U.S. Suppliers and Owners and Operators of U.S. Civilian Nuclear

Power Reactors by Origin and Delivery Year, 1996-2000 ............................................................... 30

31. Inventories of Natural and Enriched Uranium as of End of Year, 1996-2000.................................. 30

32. Commercial Uranium Inventories by Type and Location at End of Year, 1998-2000 ..................... 31

33. Commercial Uranium Inventories by Type and Owner at End of Year, 1998-2000 ......................... 31

A1. Response Statistics for the 2000 Uranium Industry Annual Survey ................................................ 36

B1. U.S. Potential Uranium Resources by Forward-Cost Category and Resource Class, 1991-2000 .... 43

B2. U.S. Potential Uranium Resources by Forward-Cost Category and Resource Region, 2000 .......... 43

B3. U.S. Uranium Reserves by Forward-Cost Category, 1991-2000 ...................................................... 44

B4. U.S. Forward-Cost Uranium Reserves by State, 2000 ..................................................................... 44

C1. Respondents to the 2000 Uranium Industry Annual Survey ............................................................ 47

E1. Conversion Factors for U.S. Customary Units and SI Metric Units of Measurement ..................... 65

E2. U.S. Uranium Land and Surface Drilling Activities, 1991-2000 ..................................................... 67

E3. U.S. Forward-Cost Uranium Reserves by Mining Method, 2000 .................................................... 67

E4. U.S. Uranium Mine Production and Number of Mines and Sources, 1991-2000 ............................ 68

E5. U.S. Uranium Concentrate Processing Operations, 1991-2000 ....................................................... 69

E6. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by Supplier,

Transaction Type, and Delivery Year, 1996-2000 ............................................................................ 70

E7. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by Origin,

Transaction Type, and Delivery Year, 1996-2000 ............................................................................ 70

E8. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Origin

Country and Delivery Year, 1998-2000 ............................................................................................ 71

E9. Average Price and Quantity for Purchased Uranium by Owners and Operators of U.S. Civilian

Nuclear Power Reactors by Pricing Mechanisms, 2000 Deliveries ................................................. 72

E10. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases of Uranium

from Suppliers, in Effect at the End of 2000, by Delivery Year, 2001-2010.................................... 72

E11. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S. Civilian

Nuclear Power Reactors, 2001-2010, as of December 31, 2000 ...................................................... 73

E12. Owners and Operators of U.S. Civilian Nuclear Power Reactors Deliveries of Uranium Feed by

Enrichment Country and Delivery Year, 1998-2000 ........................................................................ 73

E13. Uranium in Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors by Year,

1996-2000 ......................................................................................................................................... 73

E14. Foreign Purchases of Uranium by U.S. Suppliers and Owners and Operators of U.S. Civilian

Nuclear Power Reactors by Delivery Year, 1996-2000 .................................................................... 74

E15. U.S. Broker and Trader Purchases of Uranium by Origin, Supplier, and Delivery Year,

1996-2000 ......................................................................................................................................... 74

E16. Foreign Sales of Uranium from U.S. Suppliers and Owners and Operators of U.S. Civilian Nuclear

Power Reactors by Origin and Delivery Year, 1996-2000 ............................................................... 75

E17. Inventories of Natural and Enriched Uranium as of End of Year, 1996-2000.................................. 75
viii Energy Information Administration/ Uranium Industry Annual 2000

Figures Page

1. U.S. Uranium Exploration and Development Expenditures, 1991-2000 ........................................... 3

2. U.S. Uranium Mine Production, 1991-2000 ....................................................................................... 3

3. U.S. Uranium Concentrate Production, 1991-2000 ............................................................................ 3

4. Employment - U.S. Uranium Raw Materials Sector, 1991-2000 ....................................................... 4

5. U.S. Uranium Exploration and Development Surface Drilling Expenditures, 1991-2000 ................ 4

6. U.S. Uranium Concentrate Production and Shipments, 1991-2000 ................................................... 4

7. Major U.S. Uranium Reserve Areas and Status of Mills and Plants, 2000 ........................................ 5

8. Uranium Marketing Activity During 2000 ....................................................................................... 14

9. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Supplier

and Delivery Year, 1996-2000 .......................................................................................................... 15

10. Weighted-Average Price of Owners and Operators of U.S. Civilian Nuclear Power Reactors

Purchased Uranium by Supplier and Delivery Year, 1996-2000 ...................................................... 15

11. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Origin and

Delivery Year, 1996-2000 ................................................................................................................. 15

12. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Selected

Country Origin, 2000 Deliveries ...................................................................................................... 16

13. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by Material

Type and Delivery Year, 1996-2000 ................................................................................................. 16

14. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchasec Uranium by Contract

Type and Material Type, 2000 Deliveries ........................................................................................ 16

15. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases of Uranium

by Supplier, Maximum, and Delivery Year, 2001-2010 ................................................................... 17

16. Owners and Operators of U.S. Civilian Nuclear Power Reactors Annual Unfilled Uranium

Requirements, 2001-2009 ................................................................................................................. 17

17. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S. Civilian

Nuclear Power Reactors, 2001-2010 ................................................................................................ 17

18. Uranium in Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors by Year,

1996-2000 ......................................................................................................................................... 18

19. U.S. Broker and Trader Purchases of Uranium by Quantity, Weighted-Average Price, and

Delivery Year, 1996-2000 ................................................................................................................. 18

20. Foreign Sales of Uranium by Quantity, Weighted-Average Price, and Delivery Year, 1996-2000 .. 18

21. Commercial Uranium Inventories at End of the Year, 1996-2000 ................................................... 19

22. Owners and Operators of U.S. Civilian Nuclear Power Reactors Uranium Inventories at End of

the Year, 1996-2000 .......................................................................................................................... 19

B1. Comparison of Historical and Current U.S. and NEA/IAEA Classification Nomenclature for

Uranium Resources ........................................................................................................................... 42

B2. Uranium Resource Regions of the United States ............................................................................. 42
Energy Information Administration/ Uranium Industry Annual 2000 ix

Highlights

Uranium Raw Material Activities

Total U.S. uranium exploration and development

expenditures in 2000 were $6.7 million, a decrease of 78

percent from the 1997 level (Table H1). U.S. uranium

concentrate production totaled 4.0 million pounds in 2000,

a 37 percent decline from 1996. U.S. uranium mills

produced 26 percent and in-situ leaching 74 percent of

the concentrate production in 2000 (Figure H1).

Figure H1. U.S. Uranium Concentrate Production, 1991-2000

Employment in the U.S. uranium raw materials industry

totaled 627 person-years in 2000, a decrease of 44 percent

from the 1998 level (Figure H2).

Figure H2. U.S. Uranium Raw Materials Employment,

 1991-2000

Uranium Marketing Activities

Owners and operators of U.S. civilian nuclear power

reactors purchased from U.S. and foreign suppliers a total

of 51.8 million pounds U3O8e (equivalent) of deliveries

during 2000 (Table H2). The average price paid was

$11.04 per pound U3O8e, a decrease of 14 percent

compared with the 1997 price (Figure H3).

Figure H3. Uranium Purchases by Owners and Operators of

 U.S. Civilian Nuclear Power Reactors, 1997-2000

Fuel assemblies loaded into U.S. commercial nuclear

power reactors during 2000 contained 51.4 million pounds

U3O8e (Table H3). Uranium inventories owned at the end

of the year by owners and operators of U.S. civilian nuclear

power reactors in 2000 was 55.9 million pounds U3O8e, a

decrease of 15 percent from the 1997 level (Figure H4).

Figure H4. Fuel Assemblies Loaded into U.S. Civilian

 Nuclear Power Reactors and Uranium

 Inventories of Owners and Operators of U.S.

 Civilian Nuclear Power Reactors, 1997-2000

8.0

5.6

3.1 3.4

6.0 6.3

5.6

4.7 4.6

4.0

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0.0

2.0

4.0

6.0

8.0

10.0

Million Pounds U3O8

from mills from in-situ leaching and byproduct plants

1,016

682

871

980

1,107 1,118 1,097 1,120

848

627

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

200

400

600

800

1,000

1,200

1,400

Person-Years

Employment in Reclamation

Employment in Exploration, Mining, Milling and Processing

1997 1998 1999 2000

$0

$5

$10

$15

$20

$25

$30

Dollars per Pound U3O8 Equivalent

0

5

10

15

20

25

30

35

40

45

50

55

60

Million Pounds U3O8 Equivalent

Dollars per Pound U3O8 Equivalent Million Pounds U3O8 Equivalent

1997 1998 1999 2000

0

5

10

15

20

25

30

35

40

45

50

55

60

65

70

75

Million Pounds U3O8 Equivalent

0

5

10

15

20

25

30

35

40

45

50

55

60

65

70

75

Uranium contained in Fuel Assemblies End-of-Year Inventories
x Energy Information Administration/ Uranium Industry Annual 2000

Table H1. Raw Materials Summary Statistics of the U.S. Uranium Industry, 1991-2000

Items 1991 1999 1992 1993 1994 1995 1996 1997 1998 2000

Exploration and Development

 Surface Drilling (million feet) ...................

 (million meters) ......................................

 Expendituresa (million dollars) .................

Reserves at End of Year

 (million pounds U3O8,

 $US30 per pound) .................................

 (thousand metric tons U,

 $US80 per kilogram) .............................

Mine Production of Uranium

 (million pounds U3O8) ..............................

 (thousand metric tons U) ........................

Uranium Concentrate Production

 (million pounds U3O8) ..............................

 (thousand metric tons U) ........................

Uranium Concentrate Shipments

 (million pounds U3O8) ..............................

 (thousand metric tons U) ........................

Employment (person-years) ..................

Purchases by Owners and Operators of U.S.

 Civilian Nuclear Power Reactors

 (million pounds U3O8e; dollars per pound U3O8e) .........

 (thousand metric tons U; dollars per kilogram U) .......

Foreign Purchases by U.S. Suppliers and Owners

 and Operators of U.S. Civilian Nuclear Power Reactors

 (million pounds U3O8e; dollars per pound U3O8e) .........

 (thousand metric tons U; dollars per kilogram U) ......

Foreign Sales by U.S. Suppliers and Owners

 and Operators of U.S. Civilian Nuclear Power Reactors

 (million pounds U3O8e; dollars per pound U3O8e) .........

 (thousand metric tons U; dollars per kilogram U) ......

Actual Deliveries Quantity

WeightedAverage

Price

1997

Table H2. Transaction Summary Statistics of the U.S. Uranium Industry, 1997-2000

 aExpenditures are in nominal U.S. dollars.

 Notes: Specific references for each category of data and year are provided in various detailed text or tables included in the main body of this report.

For 1993 through 2000, total employment includes reclamation employment.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000); 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

 U3O8e = U3O8 equivalent.

 Note: Prices are in nominal U.S. dollars.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1997-2000).

 U3O8e = U3O8 equivalent.

 P=Preliminary data. Final 1999 data reported in the 2000 survey.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

Items

Table H3. Summary Statistics of Uranium Fuel and Commercial Inventories, 1997-2000

Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors

 (million pounds U3O8e) ..........................................................................

 (thousand metric tons U) ......................................................................

Commercial Inventories at the End of the Year

 Owners and Operators of U.S. Civilian Nuclear Power Reactors Inventories

 (million pounds U3

O8e) ........................................................................

 (thousand metric tons U) ....................................................................

 U.S. Suppliers and Owners and Operators of U.S. Civilian Nuclear

 Power Reactors Inventories

 (million pounds U3

O8e) ........................................................................

 (thousand metric tons U) ....................................................................

1998 1999

1997 1998 2000P

42.0 12.88 42.7 12.14 47.9 11.63 51.8 11.04

16.1 33.49 16.4 31.55 18.4 30.24 19.9 28.70

43.0 11.81 43.7 11.19 47.6 10.55 44.9 9.84

16.5 30.69 16.8 29.08 18.3 27.42 17.3 25.58

17.0 12.39 15.1 12.05 8.5 11.97 13.6 8.48

6.5 32.22 5.8 31.33 3.3 31.11 5.2 22.04

1.8 1.1 1.1 0.7 1.3 3.0 4.9 4.6 2.5 1.0

0.6 0.3 0.3 0.2 0.4 0.9 1.5 1.4 0.8 0.3

17.8 14.5 11.3 3.7 6.0 10.1 30.4 21.7 9.0 6.7

304 295 292 294 290 285 281 276 274 271

117 114 112 113 112 110 108 106 105 104

5.2 1.0 2.1 2.5 3.5 4.7 4.7 4.8 4.5 3.1

2.0 0.4 0.8 1.0 1.4 1.8 1.8 1.8 1.8 1.2

8.0 5.6 3.1 3.4 6.0 6.3 5.6 4.7 4.6 4.0

3.1 2.2 1.2 1.3 2.3 2.4 2.2 1.8 1.8 1.5

8.4 6.9 3.4 6.3 5.5 6.0 5.8 4.9 5.5 3.2

3.2 2.6 1.3 2.4 2.1 2.3 2.2 1.9 2.1 1.2

1,016 682 871 980 1,107 1,118 1,097 1,120 848 627

48.2 38.2 58.8 51.4

18.5 14.7 22.6 19.8

65.9 65.8 58.3 55.9

25.3 25.3 22.4 21.5

106.2 136.5 127.1 112.3

40.9 52.5 48.9 43.2

2000

1999

Quantity Quantity Quantity

WeightedAverage

Price

WeightedAverage

Price

WeightedAverage

Price
Energy Information Administration/ Uranium Industry Annual 2000 1

1. U.S. Uranium Raw Materials Industry

Introduction Estimates of U.S. Uranium

Reserves

The EIA’s yearend 2000 estimate of U.S. uranium

reserves for the $30- and $50-per-pound U3

O8

forward cost categories were 271 and 904 million

pounds respectively (Table 3). Forward costs are

the operating and capital costs yet to be incurred in

production of the uranium, and the cost categories

are independent of the market price for uranium.

The reserves represent the quantities of uranium in

known deposits that, based on the measured grade

and quantity of ore, its configuration, and depth,

could be mined at a specified cost using current

mining and milling technology. Compared with the

yearend 1999 reserve estimates, the 2000 reserves

show modest decreases (1.2 percent at $30- and 0.4

percent at $50-per-pound U3O8) that reflect

combined effects of depletion and erosion of the

remaining in-place ore at yearend 2000 after

accounting for the mine production of uranium as

reported by domestic mining firms.

Mine Production of Uranium

During 2000, a total of 3.1 million pounds U3O8 of

uranium were produced by mining, 31 percent less

than the level of production in 1999 (Table 4). Mine

production came from one underground mine and

four in-situ mines during 2000. Uranium was also

recovered from waste mine-water and from

reclamation and restoration activities at closed insitu mine sites. Compared with 1999, in situ leach

mine production decreased 22 percent in 2000.

Overall, there were five commercially operating

uranium mines during part or all of 2000, four less

than in 1999 (Table 4).

The overall activity in the U.S. uranium raw

materials industry during 2000 is substantially less

than the last half of the 1990's. Expenditures for

exploration, drilling, and related activities are lower

(Figure 1), mine production of uranium declined

(Figure 2), total uranium concentrate production

decreased (Figure 3), and total employment for

uranium exploration, mining, milling, processing and

reclamation is less (Figure 4).

Exploration and Development

Activities

Land Holdings and Acquisitions

U.S. uranium exploration companies held 685

thousand acres for all exploration purposes at the

end of 2000 (Table 1). The types of land held include

fee land, mineral fee leases, patented and unpatented

mining claims, and options to purchase mineral fee

land.

Surface Drilling

Surface drilling (exploration and development) in

the United States was 1.0 million feet in 1,550 holes

(Table 1). Exploration and development drilling

expenditures in 2000 were $5.6 million (Figure 5).

Expenditures for Uranium Exploration

and Development

Total U.S. uranium exploration and development

expenditures in 2000 were $6.7 million, consisting

of (in millions) $5.6 for surface drilling and $1.1 for

land acquisition and other exploration activities

(Table 2). This total represents a 25 percent decrease

from the 1999 level.
2 Energy Information Administration/ Uranium Industry Annual 2000

Concentrate Production and

Shipments

Total U.S. uranium concentrate production in 2000

was 4.0 million pounds U3

O8, 14 percent below the

1999 level (Table 5). Concentrate production from

conventional mills was 1.0 million pounds.

Concentrate production in the “Other Processing”

category includes production from in-situ leaching

and as a byproduct of phosphate processing.

Compared with 1999, this category decreased 21

percent and totaled 2.9 million pounds U3

O8 in 2000

(Table 5).

Shipments of uranium concentrate from domestic

production facilities (mills and in-situ leach plants)

totaled 3.2 million pounds in 2000 (Table 5).

Shipments were 0.8 million pounds less than

production after having exceeded production for the

three prior years (Figure 6).

Status of Uranium Processing

Facilities

At the end of 2000, one U.S. uranium mill was active

based on a conventional milling capacity of 400 tons

of ore per day. Five mills with a conventional milling

capacity of 13,200 tons of ore per day were inactive

at year-end 2000 (Table 6). However, two of the

inactive conventional mills produced uranium

concentrate from mine water during part of the year

2000.

Three nonconventional uranium producing plants,

all in-situ leach plants, were in commercial operation

in the United States at the end of 2000. These plants

had a combined rated capacity of 5.0 million pounds

U3

O8 per year (Table 7). Twelve nonconventional

plants were inactive at the end of 2000, of which

five are closed permanently. Four of the eight

inactive in-situ leach plants had produced a small

amount of uranium concentrate in 2000 from

restoration activities. One in-situ leach plant in

Wyoming closed during 2000.

The locations of active and inactive U.S. uranium

concentrate production facilities, along with the

locations of major uranium reserve areas, are shown

in Figure 7.

Employment

Employment in the U.S. uranium raw materials

industry in 2000 was reported as 627 person-years

expended (Table 8). Compared with 1999, 2000

employment overall decreased by 26 percent.

However, employment levels in individual

categories changed significantly: exploration

employment declined by 86 percent, mining

employment declined by 49 percent, and milling by

47 percent, while reclamation employment rose by

14 percent. Three States, Colorado, Texas and

Wyoming, accounted for 80 percent of the total

employment in 2000 (Table 9).
Energy Information Administration/ Uranium Industry Annual 2000 3

Figure 1. U. S. Uranium Exploration and Development Expenditures, 1991-2000

Figure 2. U.S. Uranium Mine Production, 1991-2000

Figure 3. U.S. Uranium Concentrate Production, 1991-2000

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

2

4

6

8

Million Pounds U3O8

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

2

4

6

8

10

Million Pounds U3O8

Total Production

In Situ & Byproduct

Conventional

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

2

4

6

8

10

12

14

16

18

20

22

24

26

28

30

32

Million Dollars

Surface Drilling

Land Acquisition

Total Expenditures

Other
4 Energy Information Administration/ Uranium Industry Annual 2000

Figure 6. U.S. Uranium Concentrate Production and Shipments, 1991-2000

Figure 4. Employment - U.S. Uranium Raw Materials Sector, 1991-2000

Figure 5. U.S. Uranium Exploration and Development Surface Drilling Expenditures, 1991-2000

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

200

400

600

800

1,000

1,200

Person-Years

Reclamation

Exploration, Mining, Milling and Processing

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

2

4

6

8

10

12

14

16

18

20

Million Dollars

Exploration Expenditures

Development Expenditures

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

2

4

6

8

10

12

Million Pounds U3O8

Concentrate production from mills and plants

Concentrate shipments from mills and plants
6 Energy Information Administration/ Uranium Industry Annual 2000

Table 1. U.S. Uranium Land and Surface Drilling Activities, 1991-2000

1991 ...

1992 ...

1993 ...

1994 ...

1995 ...

1996 ...

1997 ...

1998 ...

1999 ...

2000 ...

 W=Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual Survey"

(2000).

Surface Drilling

Exploration and Development

Surface Drilling

Development

Surface Drilling

Exploration

Cost

(thousand

dollars)

Feet

(thousand)

Number

of

Holes

Number

of

Holes

Feet

(thousand)

Cost

(thousand

dollars)

Number

of

Holes

Feet

(thousand)

Cost

(thousand

dollars)

Land

Exploration

Year

Acres

Acquired

(thousand)

Acres

Held

at YearEnd

(thousand)

1991 ..........

1992 ..........

1993 ..........

1994 ..........

1995 ..........

1996 ..........

1997 ..........

1998 ..........

1999 ..........

2000 ..........

Year

Surface

Drilling

Land

Acquisition

Other

Exploration and

Development

Expenditures

Foreign Participation

Percent of Total U.S

Expenditures

Total U.S.

Expenditures Expenditures

Table 2. Expenditures for Exploration and Development of Uranium in the United States, 1991-2000

 (Thousand Dollars)

32 1,060 1,624 973 2,832 1,573 869 8,114 3,197 1,842 10,946

85 788 935 562 1,267 833 502 1,162 1,768 1,064 2,429

65 455 355 223 983 1,665 885 4,754 2,020 1,108 5,737

9 325 519 341 736 477 316 383 996 657 1,119

7 259 584 402 790 1,728 947 1,799 2,312 1,348 2,589

36 288 1,118 883 1,602 3,577 2,163 5,549 4,695 3,046 7,150

550 840 1,935 1,327 3,544 5,858 3,555 16,448 7,793 4,882 19,992

6 825 1,370 888 2,261 5,231 3,754 15,814 6,601 4,643 18,075

0 807 265 178 276 2,911 2,325 7,616 3,176 2,503 7,892

W 685 W W W W W W 1,550 1,024 5,635

10,946 250 6,649 17,845 3,500 20

2,429 1,365 10,716 14,510 8,004 55

5,737 1,024 4,509 11,270 8,527 76

1,119 71 2,464 3,654 1,864 51

2,589 69 3,350 6,009 2,078 35

7,150 403 2,500 10,054 4,416 44

19,992 8,226 2,207 30,426 4,254 14

18,075 148 3,501 21,724 271 1

7,892 0 1,076 8,968 W W

5,635 W W 6,694 W W

 W=Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual Survey"

(2000).
Energy Information Administration/ Uranium Industry Annual 2000 7

 aWeighted average percent U3

O8 per ton of ore. bIncludes heap leach, low grade material, and miscellaneous.

 Notes: Uranium reserves that could be recovered as a byproduct of phosphate and copper mining are not included in this table. Reserves values in

forward-cost categories are cumulative: that is, the quantity at each level of forward-cost includes all reserves at the lower costs. Totals may not equal sum

of components because of independent rounding.

 Sources: Estimated by Energy Information Administration, Office of Coal, Nuclear, Electric and Alternate Fuels, based on industry conferences, U.S.

Department of Energy, Grand Junction Projects Office files, and Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey"

(2000).

Forward-Cost Category

$30 per pound $50 per pound

Table 4. U.S. Uranium Mine Production and Number of Mines and Sources, 1991-2000

Mining Method 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

Underground

 (thousand pounds U3O8) .................

Openpit

 (thousand pounds U3O8) .................

In Situ Leaching

 (thousand pounds U3O8) .................

Othera

 (thousand pounds U3O8) .................

Total Mine Production

 (thousand pounds U3O8) .................

Number of Mines Operated

 Underground ...................................

 Openpit ...........................................

 In Situ Leaching ..............................

 Other Sourcesb ...............................

 Total Mines and Sources ............

 aFor 1991, "Other" includes production from underground, mine water, and restoration. For 1992, "Other" includes production from underground, openpit,

and in situ leach mines and uranium bearing water from mine workings, tailings ponds, and restoration. For 1993, the "Other" includes production from in situ

leach mines and uranium bearing water from mine workings and restoration. For 1994 and 1995, "Other" includes production from uranium bearing water

from mine workings and restoration. For 1996 through 2000, "Other" includes production from underground mines and uranium bearing water from mine

workings and restoration.

 bOther Sources includes, in various years, heap leach, mine water, mill site cleanup and mill tailings, well field restoration, and low-grade stockpiles as

sources of uranium.

 W=Data withheld to avoid disclosure. The data are included in the total for "Other."

 Notes: Totals may not equal sum of components because of independent rounding. Table does not include byproduct production and sources.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

Table 3. U.S. Forward-Cost Uranium Reserves by Mining Method, 2000

Mining Method

Gradea

(percent U3O8)

Underground .......................

Openpit ...............................

In Situ Leaching ..................

Otherb ..................................

Total ....................................

Ore

(million tons)

U3O8

(million pounds)

W W 0 0 0W W W W W

2,528 W 0 0 0 0 0 0 0 0

W W W 2,448 3,372 4,379 4,084 3,721 3,830 2,995

2,654 986 2,050 78 156 326 626 1,062 718 128

5,182 986 2,050 2,526 3,528 4,705 4,710 4,782 4,548 3,123

6 40 0 01 1 4 3 1

2 10 0 00 0 0 0 0

6 45 5 56 7 6 6 4

1 87 7 76 6 5 5 5

15 17 12 12 12 13 14 15 14 10

25 0.271 138 143 0.162 464

10 0.139 29 163 0.079 257

40 0.129 103 119 0.075 179

< 1 0.264 < 1 3 0.059 4

76 0.178 271 428 0.106 904

U3O8

(million pounds)

Gradea

(percent U3O8)

Ore

(million tons)
8 Energy Information Administration/ Uranium Industry Annual 2000

Processing Operations

Table 5. U.S. Uranium Concentrate Processing Operations, 1991-2000

Ore Fed to Processa

 (thousand tons)...............................

Percent U3O8

b ....................................

Contained U3O8 (thousand pounds)

 In Ore ..............................................

 Other Feed Materialsc .....................

Total Mill Feed

 (thousand pounds U3O8) ................

In-Process Inventory Change

 (thousand pounds U3O8) ................

Concentrate Produced at Mills

 (thousand pounds U3O8)

 Theoreticald .....................................

 Actual .............................................

 Recovery as Percent .....................

 Tailings and Unaccountable

 (thousand pounds U3O8) .............

Other Processinge

 (thousand pounds U3O8) .................

Total Uranium Concentrate

 Production

 (thousand pounds U3O8) .................

Total Concentrate Shipped From

 Mills and Plants

 (thousand pounds U3O8) ................

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

 aUranium ore "fed to process" in any year can include: ore mined and shipped to a mill during the same year, ore that was mined during a prior year and

later shipped from mine-site stockpiles, and/or ore obtained from drawdowns of stockpiles maintained at a mill site.

 bWeighted average percent U3O8 per ton of ore. cIncludes for various years uranium from low-grade ore, mill cleanup, mine water, tailings water, heap leaching, and waste stream materials. dAt 100-percent recovery. eU3O8 concentrate production from in-situ leaching and as a byproduct of phosphate processing.

 — = Not applicable. W=Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

639 256 0 0 167 44 0 0 W W

0.198 0.229 — — 0.520 0.500 — — W W

2,529 1,171 0 0 1,739 444 0 0 W W

179 181 42 78 163 409 911 387 W W

2,708 1,353 42 78 1,902 853 911 387 1,260 1,015

-122 -25 10 24 157 -137 52 -7 106 -133

2,830 1,377 31 54 1,744 990 859 393 1,154 1,164

2,608 1,359 30 46 1,615 860 784 323 907 1,017

92.2 98.7 — — 92.6 86.8 91.2 82.2 78.6 87.4

222 18 1 8 130 130 76 70 246 147

5,344 4,286 3,033 3,306 4,428 5,461 4,859 4,381 3,703 2,941

7,952 5,645 3,063 3,352 6,043 6,321 5,643 4,705 4,611 3,958

8,437 6,853 3,374 6,319 5,500 5,982 5,817 4,863 5,527 3,187
Energy Information Administration/ Uranium Industry Annual 2000 9

Table 6. Operating Status of Conventional Uranium Mills, End of the Year, 1997-2000

Mill Owner(s) Mill Name

Milling Capacitya

(short tons of ore

per day) 1998 1999 2000

Operating Status at End of the Year

1997

Cotter .............................................

Dawn Mining ..................................

Kennecott/Wyoming Coal

 Resources (Green Mountain

 Mining Venture) ............................

International Uranium ....................

Quivira Mining (Rio Algom) ...........

U.S. Energy/Plateau Resources ....

Summary of Mill Status

Number of Mills

 Operatingb ....................................

 Inactive .........................................

 Total ............................................

Available Milling Capacity

Operating (tons of ore per day) ......

Inactive (tons of ore per day) .........

 Total Available Capacity

 (tons of ore per day) ...................

Canon City

Dawn/Ford

Sweetwater

White Mesa

Ambrosia Lake

Shootaring

--

--

--

--

--

--

200 I (R)

1,000 I (CI)

420 I (CP)

750 I (CP)

608 I (CP)

750 I (CP)

650 I (R)

600 I (R)

350 I (R)

NA I (R)

2,000 O

2,000 O

1,300 I (CI)

1,000 I (CP)

1,000 O

Table 7. Operating Status of Nonconventional Uranium Plants, End of the Year 2000

COGEMA Mining .......................

Everest Exploration ...................

IMC-Agrico .................................

IMC-Agrico .................................

IMC-Agrico .................................

IMC-Agrico .................................

Malapai Resources ....................

Malapai Resources ....................

Malapai Resources ....................

Malapai Resources ....................

Power Resources/Geomex

 (Converse County Mining Venture)

Quivira Mining (Rio Algom) ........

Uranium Resources ...................

Uranium Resources ...................

UUS/Geomex

 (Crow Butte Resources)............

 aMilling capacity based on data reported on Form EIA-858 for 2000. NA = Not available. bI=Inactive at the end of the year. R=Reclamation (restoration in process or completed). CI=Closed indefinitely (following year restart not planned).

CP=Closed permanently (will not be restarted). O=Operating at the end of the year.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Operating

Status at the

End of the Year Plant Owner(s) b

Rated Capacitya

(thousand pounds

U3O8 Plant Name Plant Type per year)

West Cole

Hobson

Sunshine Bridge

Uncle Sam

Plant City

New Wales

Christensen Ranch

Holiday-El Mesquite

Irigaray

O'Hern

Highland

Smith Ranch

Kingsville Dome

Rosita

Crow Butte

In Situ Leach

In Situ Leach

Phosphate Byproduct

Phosphate Byproduct

Phosphate Byproduct

Phosphate Byproduct

In Situ Leach

In Situ Leach

In Situ Leach

In Situ Leach

In Situ Leach

In Situ Leach

In Situ Leach

In Situ Leach

In Situ Leach

 aMilling capacity based on data reported on Form EIA-858 for 2000.

 bNumber that milled uranium-bearing ore at the end of year.

 O=Operating at the end of the year. I=Inactive at the end of the year.

 -- = Not applicable.

 Sources: Energy Information Administration: 1997-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

400 I I O O

450 I I I I

3,000 I I I I

2,000 I I I I

7,000 I I I I

750 I I I I

-- 0 0 1 1

-- 6 6 5 5

-- 6 6 6 6

-- 0 0 400 400

-- 14,400 14,400 13,200 13,200

-- 14,400 14,400 13,600 13,600
10 Energy Information Administration/ Uranium Industry Annual 2000

Table 9. Employment in the U.S. Uranium Industry by State, 2000

(Person-Years)

Table 8. Employment in the U.S. Uranium Industry by Category, 1991-2000

(Person-Years)

Year Total

Employment Categories

1991 ....

1992 ....

1993 ....

1994 ....

1995 ....

1996 ....

1997 ....

1998 ....

1999 ....

2000 ....

Exploration Mining Processing Reclamationa

 aData on reclamation employment was not collected prior to 1993.

 NA = Not available.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

State(s) Total

Wyoming ...................................................................................

Colorado ...................................................................................

Texas .........................................................................................

Arizona, New Mexico, and Utah ................................................

Nebraska and Washington ........................................................

Total ..........................................................................................

 Notes: Totals may not equal sum of components because of independent rounding. Total employment includes 226 person years for reclamation.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Percent of Total

52 411 191 361 NA 1,016

51 219 129 283 NA 682

36 133 65 145 491 871

41 157 105 149 528 980

27 226 121 161 573 1,107

27 333 155 175 429 1,118

30 413 175 175 303 1,097

30 518 160 203 209 1,120

7 310 201 132 199 848

1 157 106 137 226 627

Milling

277 44

170 27

53 9

57 9

70 11

627 100
Energy Information Administration/ Uranium Industry Annual 2000 11

 Introduction

Owners and operators of U.S. civilian nuclear power

reactors purchase uranium each year both from U.S.

suppliers (domestic purchases) and foreign suppliers

(foreign purchases). U.S. suppliers are U.S.-based

firms that exchange, loan, purchase, or sell uranium

within and outside the U.S. uranium market. They

can include uranium brokers, converters, enrichers,

fabricators, producers, traders and uranium property

holders. Foreign suppliers are non-U.S. based firms

that market uranium into and from the United States.

The U.S. uranium market transactions of both natural

and enriched uranium during 2000 is illustrated in

Figure 8. The uranium quantities throughout this

chapter are expressed as U3

O8 equivalent (U3O8e).

Uranium market activities of owners and operators

of U.S. civilian nuclear power reactors also include

contracting for future supplies, unfilled uranium

requirements, enrichment activities, the amount of

uranium loaded into U.S. civilian nuclear power

reactors, and the year-end status of uranium

inventories.

Uranium Market Activity of

Owners and Operators of U.S.

Civilian Nuclear Power Reactors

Uranium Purchases

In 2000, owners and operators of U.S. civilian

nuclear power reactors received a total of 51.8

million pounds U3

O8e (Figure 9), and the average

price was $11.04 per pound (Table 10 and Figure

10). Compared with 1999, the quantity is an increase

of 8 percent, but a decrease in price of 5 percent.

Foreign-origin uranium accounted for 38.6 million

pounds (74 percent) of the deliveries (Figure 11) at

an average price of $10.88 per pound (Table 11).

Approximately 26 percent of all uranium purchased

was U.S.-origin (Table 12). In rank order, the five

foreign country origins were Australia (25 percent),

Canada (20 percent), Russia (13 percent), South

Africa (5 percent), and Uzbekistan (4 percent)

(Figure 12).

The 27 sellers of uranium to owners and operators

of U.S. civilian nuclear power reactors with 2000

deliveries are shown in the following list. Thirteen

of the 27 firms (designated with an asterisk) had

purchase contracts signed in 2000.

Uranium Sellers to Owners and Operators of

U.S. Civilian Nuclear Power Reactors

Cameco Corporation

China Nuclear Energy Industry Corp (CNEIC)

COGEMA, Inc.*

ConverDyn*

Energy Resources of Australia

Framatone

Geomex Minerals, Inc.

Globe Nuclear Services & Supply Ltd.*

International Uranium Corp.*

Itochu Corporation*

Kernkraftwerk Leibstradt AG*

Nuclear Fuels Corp. of South Africa*

NUKEM, Inc.*

Olympic Dam Corporation*

Palabora Mining

Power Resources, Inc.

Rio Algom Mining Corporation

Rio Grande Resources with Nuclear Fuels Corp.

Riotinto (RTZ Minerals Services Limited)

Siemens Power Corporation

The Uranium Exchange Company*

United States Enrichment Corporaton (USEC)*

UG U.S.A., Inc.*

Uranerz Exploration & Mining Ltd.

Uranium Resources, Inc.

Urenco, Ltd.*

UUS, Inc.

The owners and operators of U.S. civilian nuclear

power reactors purchased uranium of several

material types (Table 13). Uranium concentrate

(U3O8) accounted for 67 percent of the purchases,

uranium hexafluoride (UF6) was 19 percent, and

enriched uranium was 13 percent (Figure 13).

Domestic purchases of uranium (both U.S. and

foreign-origin) in 2000 totaled 22.9 million pounds

U3

O8e (Table 14). The average price of these

domestic purchases in 2000 was $11.45 per pound.

2. Uranium Marketing Activities in the United States
12 Energy Information Administration/ Uranium Industry Annual 2000

Foreign purchases of uranium (only foreign-origin)

from foreign suppliers in 2000 totaled 26.6 million

pounds U3

O8e. The average price of these foreign

purchases in 2000 was $10.68 per pound.

Uranium Pricing Mechanisms, Price

Distributions and Contract Types

The contract-specified pricing mechanisms, which

includes fixed and base-escalated prices, accounted

for 72 percent of the domestic purchases in 2000 by

owners and operators of U.S. civilian nuclear power

reactors (Table 14). Both spot-market and contractspecified pricing mechanisms almost equally

represented foreign purchases of uranium.

The octile price distributions (Table 15) provides an

average-price range without publishing the actual

lowest and highest prices. For the quartile

distributions, each contain a group of owners and

operators of U.S. civilian nuclear power reactors,

sorted in increasing order by their overall average

price for its deliveries, and provides the aggregated

quantity and its average price for each distribution.

During 2000, 21 percent of the deliveries to owners

and operators of U.S. civilian nuclear power reactors

involved spot contracts, and the remaining 79 percent

involved long-term contracts (Table 16). The average

price for spot contracts was $8.54 per pound, but for

long-term contracts it was $11.70 per pound. Mostly

uranium concentrate (U3

O8) and natural uranium

hexafluoride (UF6

) was delivered under long-term

contracts in 2000 (Figure 14).

New Purchases

The quantity of uranium delivered in 2000, under

30 purchase contracts signed in 2000, was 11.1

million pounds U3O8e, and the average price was

$8.52 per pound (Table 17). Twenty-three new spot

contracts accounted for 82 percent of the 2000

deliveries for these new purchase contracts.

Future deliveries reported for 2001 through 2010,

for contracts signed in 2000, include a minimum total

of 27.8 million pounds to a maximum total of 36.6

million pounds (Table 18).

Anticipated Uranium Market

Requirements

Future deliveries for 2001-2010, based on owners

and operators of U.S. civilian nuclear power reactors

contracts reported in effect at the end of 2000, for

all reported purchase contracts consisted of 116.5

million pounds for minimum deliveries and 179.0

million pounds for maximum deliveries (Table 19).

Foreign suppliers would provide 54 percent of the

existing maximum deliveries through 2010 (Figure

15 and Table 19).

At the end of 2000, cumulative unfilled uranium

requirements for U.S. civilian nuclear reactors for

2001 through 2010 were reported to be 339.4 million

pounds U3

O8e (Table 20). The quantity of maximum

deliveries of uranium for the same period under

existing purchase contracts totaled 179.0 million

pounds (Table 21). These contracted deliveries and

unfilled requirements combined represent the

maximum anticipated market requirements of

uranium. The total 10-year maximum requirements,

as of year-end of 2000, was 518.4 million pounds.

The unfilled requirements category, as reported at

the end of 2000, constitutes a small portion of

maximum anticipated market requirements in 2000

(Figure 16). However, it increases to 78 percent of

total maximum anticipated requirements by 2005 and

to 94 percent by 2009. For the years 2002 through

2004, owners and operators of U.S. civilian nuclear

power reactors maximum anticipated market

requirements do not meet their projected enrichment

feed deliveries. However, for the years 2005 through

2010, the reported enrichment feed deliveries match

their maximum anticipated market requirements

(Figure 17).

Uranium Feed for Enrichment

In 2000, owners and operators of U.S. civilian

nuclear power reactors delivered 47.8 million pounds

U3O8e of natural uranium feed to domestic and

foreign enrichment suppliers (Table 22). U.S.-origin

uranium accounted for 10.5 million pounds (22

percent) of the feed deliveries (Table 23). Deliveries

to U.S. enrichment plants accounted for 28.9 million
Energy Information Administration/ Uranium Industry Annual 2000 13

pounds, or 60 percent of the total, and deliveries to

foreign enrichment plants was 18.9 million pounds,

40 percent of total feed deliveries in 2000.

U.S. civilian nuclear power reactors projected that

the amount of natural uranium feed to be shipped

for enrichment for the years 2001 through 2010 will

vary between 48 million and 58 million pounds

annually (Table 24).

Purchases of Enrichment Services

In 2000, 11.8 million separative work units (SWU)

were purchased by owners and operators of U.S.

civilian nuclear power reactors under enrichment

services contracts (Table 25). U.S. uranium

enrichment plants provided 44 percent of the SWU

and foreign enrichment plants the remaining 56

percent. In comparison, for 1999 U.S. enrichment

plants provided 46 percent of the enrichment needs.

The 8 firms that were reported as the sellers of

enrichment services for these SWU deliveries in 2000

are shown in the following list.

Enrichment Service Sellers to Owners and

Operators of U.S. Civilian Nuclear Power

Reactors

China Nuclear Energy Industry Corp (CNEIC)

COGEMA, Inc.

Globe Nuclear Service & Supply, Ltd.

NUKEM, Inc.

Siemens Power Corp.

UG U.S.A., Inc.

United States Enrichment Corporation (USEC)

Urenco, Ltd.

The long-term enrichment service contracts were

dominant in 2000, and represented 93 percent of

SWU deliveries that were provided at both U.S. and

foreign enrichment plants (Table 26). In contrast,

the spot enrichment service contracts represents only

7 percent of SWU deliveries.

Fuel Assemblies

The total amount of uranium contained in fuel

assemblies loaded into U.S. civilian nuclear reactors

during 2000 was 51.4 million pounds U3O8e (Table

27). This was 7.4 million pounds less than in 1999

(Figure 18). These quantities do not include uranium

in fuel assemblies removed from reactors that were

reloaded.

Foreign Purchases of Uranium

The owners and operators of U.S. civilian nuclear

power reactors and U.S. suppliers purchased from

foreign suppliers 44.9 million pounds U3

O8e that was

received in 2000 (Table 28). The average price for

these foreign purchases was $9.84 per pound U3

O8e.

This is 7 percent lower than the 1999 average price

of $10.55 per pound.

U.S. brokers and traders, a primary supplier of

uranium, purchased 18.6 million pounds U3

O8e of

deliveries during 2000 at an average price of $8.83

per pound (Table 29). Most of the uranium (15.8

million pounds or 85 percent) was from foreign

suppliers. In 1999, by comparison, U.S. brokers and

traders purchased 22.0 million pounds U3

O8e at an

average price of $9.91 per pound (Figure 19).

Foreign Sales of Uranium

In 2000, uranium sold to foreign suppliers and

foreign utilities totaled 13.6 million pounds U3

O8e,

60 percent more than in 1999. The average price

was $8.48 per pound, 29 percent less than in 1999

(Table 30 and Figure 20). Of the foreign sales, 92

percent was foreign-origin and 8 percent was U.S.-

origin uranium. U.S. brokers and traders sold 11.2

million pounds at an average price of $8.06 per pound

in 2000.

Uranium Inventories

Total commercial inventories, as of December 31,

2000, were 112.3 million pounds U3O8e, a decrease

of 14.8 million pounds from end of 1999 (Table 31).

The owners and operators of U.S. civilian nuclear

power reactors inventory level declined 2.4 million

pounds, ending with 55.9 million pounds at the end

of 2000 (Figure 21). Only the enriched uranium

inventory increased from year-end 1999 to 2000

(Table 32 and Figure 22). Commercial natural and

enriched UF6

 inventories at the end of 2000 totaled

80.9 million pounds U3

O8e (Table 33).
14 Energy Information Administration/ Uranium Industry Annual 2000

Figure 8. Uranium Marketing Activity During 2000

 W=Data withheld to avoid disclosure.

 Note: Quantities are in million pounds U3O8 equivalent.

 Source: Prepared by the Energy Information Administration, Office of Coal Nuclear, Electric and Alternate Fuels, based on data reported on Form EIA-858

for 2000.

U.S. Civilian 

Nuclear Power

Reactors = 51.4

Foreign Purchases = 17.4

Foreign Purchases, Net 

Exchanges & Loans = 27.5

Domestic 

Production = 4.0

U.S. Supplier

Transactions 

= 45.9

Owners and Operators of 

U.S. Civilian Nuclear 

Power Reactors 

Transactions = 54.2

Sales, Net Exchanges & Loans to Suppliers from Owners and Operators 

of U.S. Civilian Nuclear Power Reactors to U.S. Suppliers = 0

Inventory 

Decrease = 2.4 

Intersupplier Sales,

Exchanges & Loans = 12.2

Inventory 

Decrease = 12.4

Foreign Sales, Net 

Exchanges & Loans

 = 13.3 Foreign Sales W

Domestic 

Purchases = 24.3
Energy Information Administration/ Uranium Industry Annual 2000 15

Figure 9. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

 Supplier and Delivery Year, 1996-2000

Figure 10. Weighted-Average Price of Owners and Operators of U.S. Civilian Nuclear Power

Reactors Purchased Uranium by Supplier and Delivery Year, 1996-2000

Figure 11. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

 Origin and Delivery Year, 1996-2000

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

1996 1997 1998 1999 2000

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

Dollars per Pound U3O8 Equivalent

from U.S. Brokers and Traders from U.S. Producers from Foreign Suppliers

1996 1997 1998 1999 2000

0

5

10

15

20

25

30

35

40

45

50

55

60

Million Pounds U3O8 Equivalent

U.S. Origin Foreign Origin

1996 1997 1998 1999 2000

0

5

10

15

20

25

30

35

40

45

50

55

60

Million Pounds U3O8 Equivalent

from U.S. Producers from U.S. Brokers and Traders

from other U.S. Suppliers from Foreign Suppliers
16 Energy Information Administration/ Uranium Industry Annual 2000

Figure 13. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

Material Type and Delivery Year, 1996-2000

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Figure 12. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

 Selected Country Origin, 2000 Deliveries

Figure 14. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

Contract Type and Material Type, 2000 Deliveries

Australia

Canada

China

Czech Republic

Namibia

Niger

Russia

South Africa

United States

Uzbekistan

0 2 4 6 8 10 12 14

Million Pounds U3O8 Equivalent

Uranium Concentrate Natural UF6 Enriched Uranium

0

5

10

15

20

25

30

35

40

45

Million Pounds U3O8 Equivalent

1996 1997 1998 1999 2000

Spot Contracts Long-Term Contracts

0

5

10

15

20

25

30

35

40

45

Million Pounds U3O8 Equivalent

U3O8 Natural UF6 Enriched Uranium
Energy Information Administration/ Uranium Industry Annual 2000 17

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

0

5

10

15

20

25

30

35

40

45

50

55

60

65

70

Million Pounds U3O8 Equivalent

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Figure 15. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases of

Uranium by Supplier, Maximum, and Delivery Year, 2001-2010

Figure 16. Owners and Operators of U.S. Civilian Nuclear Power Reactors Annual Unfilled Uranium

Requirements, 2001-2009

Figure 17. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S.

Civilian Nuclear Power Reactors, 2001-2010

Maximum Under Purchase Contracts

Unfilled Requirements

Maximum Anticipated

Market Requirements

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

0

5

10

15

20

25

30

35

40

45

50

55

Million Pounds U3O8 Equivalent

from U.S. Suppliers from Foreign Suppliers

2001 2002 2003 2004 2005 2006 2007 2008 2009

0

5

10

15

20

25

30

35

40

45

50

55

60

Million Pounds U3O8 Equivalent

as of Year-End 1999

as of Year-End 2000

Enrichment Feed

Deliveries
18 Energy Information Administration/ Uranium Industry Annual 2000

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Figure 18. Uranium in Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors by Year,

1996-2000

Figure 19. U.S. Broker and Trader Purchases of Uranium by Quantity, Weighted-Average Price,

and Delivery Year, 1996-2000

Figure 20. Foreign Sales of Uranium by Quantity, Weighted-Average Price, and Delivery Year,

1996-2000

1996 1997 1998 1999 2000

$0

$2

$4

$6

$8

$10

$12

$14

$16

Dollars per Pound U3O8 Equivalent

0

2

4

6

8

10

12

14

16

18

20

22

24

26

28

30

32

Million Pounds U3O8 Equivalent

Dollars per Pound U3O8 Equivalent

Million Pounds U3O8 Equivalent

1996 1997 1998 1999 2000

0

5

10

15

20

25

30

35

40

45

50

55

60

Million Pounds U3O8 Equivalent

U.S. Origin Foreign Origin Total

1996 1997 1998 1999 2000

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

$20

Dollars per Pound U3O8 Equivalent

0

2

4

6

8

10

12

14

16

18

20

Million Pounds U3O8 Equivalent

Dollars per Pound U3O8 Equivalent Million Pounds U3O8 Equivalent
Energy Information Administration/ Uranium Industry Annual 2000 19

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1997-2000).

Figure 21. Commercial Uranium Inventories at End of the Year, 1996-2000

Figure 22. Owners and Operators of U.S. Civilian Nuclear Power Reactors Uranium Inventories at

End of the Year, 1996-2000

1996 1997 1998 1999 2000

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

150

Million Pounds U3O8 Equivalent

U.S. Suppliers Owners and Operators of U.S. Civilian Nuclear Power Reactors

Total Commercial

U3O8 Natural UF6 Enriched UF6

0

5

10

15

20

25

30

35

Million Pounds U3O8 Equivalent

Year-End 1996 Year-End 1997 Year-End 1998 Year-End 1999 Year-End 2000
20 Energy Information Administration/ Uranium Industry Annual 2000

Table 10. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by

Supplier, Transaction Type, and Delivery Year, 1996-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Received from U.S. Producers:

 Purchases of U.S.-Origin and Foreign-Origin Uranium ......

 Weighted-Average Price .....................................................

Received from U.S. Brokers and Traders:

 Purchases of U.S.-Origin and Foreign-Origin Uranium ......

 Weighted-Average Price .....................................................

Received from other Owners and Operators of U.S. Civilian

Nuclear Power Reactors:

 Purchases ...........................................................................

 Weighted-Average Price .....................................................

Received from other U.S. Suppliers:

 Purchases of U.S.-Origin and Foreign-Origin Uranium ......

 Weighted-Average Price .....................................................

Received from Foreign Suppliers:

 Purchases of U.S.-Origin and Foreign-Origin Uranium ......

 Weighted-Average Price .....................................................

Total Received by Owners and Operators of U.S. Civilian

Nuclear Power Reactors:

 Purchases of U.S.-Origin and Foreign-Origin Uranium ......

 Weighted-Average Price .....................................................

Actual Deliveries

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Actual Deliveries

Received of U.S.-Origin Uranium:

 Purchases ...........................................................................

 Weighted-Average Price .....................................................

Received of Foreign-Origin Uranium:

 Purchases ...........................................................................

 Weighted-Average Price .....................................................

Total:

 Purchases ...........................................................................

 Weighted-Average Price .....................................................

 — = Not applicable.

 W=Data withheld to avoid disclosure.

 Note: "Other U.S. Suppliers" are U.S. converters, enrichers, and fabricators.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Table 11. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by

Origin, Transaction Type, and Delivery Year, 1996-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

1996

5,766 5,732 6,488 5,161 3,560

14.20 13.60 13.61 13.93 14.81

13,322 9,890 10,467 10,395 9,095

13.36 12.31 11.95 11.54 11.28

0W WW 0

— W WW —

1,885 W W W 8,796

14.98 W W W 10.45

26,360 23,361 21,252 26,767 30,359

14.45 12.91 11.97 11.47 10.65

47,333 41,961 42,743 47,948 51,810

14.12 12.88 12.14 11.63 11.04

8,299 8,072 7,181 11,448 13,258

14.62 13.36 13.37 12.24 11.52

39,034 33,889 35,562 36,500 38,552

14.02 12.78 11.90 11.47 10.88

47,333 41,961 42,743 47,948 51,810

14.12 12.88 12.14 11.63 11.04

1997 1998 1999 2000

1996 1997 1998 2000 1999
Energy Information Administration/ Uranium Industry Annual 2000 21

Table 12. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

Origin Country and Delivery Year, 1998-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

 W=Data withheld to avoid disclosure. — = Not applicable.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

All Purchases:

Australia ............................................ 5,768 11.43 7,319 10.93 12,722 9.20

Brazil ................................................. W W 0 — 0 —

Bulgaria ............................................. 0 — 0 — W W

Canada ............................................. 14,366 11.51 12,489 11.26 10,455 11.20

China ................................................. W W 695 12.14 621 11.56

Czech Republic ................................. 0 — W W 842 9.89

France ............................................... 0 — 554 9.97 W W

Gabon ............................................... W W 0 — 0 —

Germany ........................................... W W W W 0 —

Kazakhstan ....................................... 1,189 10.82 W W W W

Mongolia ........................................... W W 0 — 0 —

Namibia ............................................. 780 14.36 1,061 12.99 753 15.51

NIger ................................................. 856 15.53 W W 723 12.07

Russia ............................................... 5,959 13.27 6,313 12.87 6,686 13.17

South Africa ...................................... 2,544 12.34 2,719 10.72 2,347 8.96

Tajikistan ........................................... W W 0 — 0 —

Ukraine .............................................. W W 2,008 8.98 W W

United Kingdom ................................ W W 0 — 0 —

Uzbekistan ........................................ 2,499 11.45 2,273 12.64 1,923 12.96

Yugoslavia ......................................... W W 0 — 0 —

Total Foreign .................................... 35,562 11.90 36,500 11.47 38,552 10.88

United States .................................... 7,181 13.37 11,448 12.24 13,258 11.52

Total Purchases ............................... 42,743 12.14 47,948 11.63 51,810 11.04

Domestic Purchases:

Australia ............................................ 1,287 12.08 932 11.31 3,005 9.47

Brazil ................................................. W W 0 — 0 —

Canada ............................................. 3,017 11.61 1,350 11.07 1,471 11.84

China ................................................. W W W W W W

France ............................................... 0 — W WWW

Gabon ............................................... W W 0 — 0 —

Germany ........................................... W W W W 0 —

Kazakhstan ....................................... W W W W W W

Namibia ............................................. W W W W W W

Niger ................................................. W W W W 723 12.07

Russia ............................................... 2,572 12.71 1,726 14.08 1,688 14.08

South Africa ...................................... 1,956 11.96 1,262 11.52 1,054 8.99

Tajikistan ........................................... W W 0 — 0 —

Ukraine .............................................. W W W W W W

United Kingdom ................................ W W 0 — 0 —

Uzbekistan ........................................ 2,499 11.45 W W W W

Yugoslavia ......................................... W W 0 — 0 —

United States .................................... 7,181 13.37 11,448 12.24 13,258 11.52

Total Domestic Purchases ............. 21,641 12.31 21,371 11.88 24,285 11.45

Foreign Purchases:

Australia ............................................ 4,481 11.30 6,387 10.88 9,717 9.13

Bulgaria ............................................. 0 — 0 — W W

Canada ............................................. 11,349 11.49 11,139 11.28 8,984 11.10

China ................................................. 0 — W WWW

Czech Republic ................................. 0 — W W 842 9.89

France ............................................... 0 — W W0 —

Germany ........................................... 0 — W W0 —

Kazakhstan ....................................... W W 0 — 0 —

Mongolia ........................................... W W 0 — 0 —

Namibia ............................................. W W W W W W

Niger ................................................. W W W W 0 —

Russia ............................................... 3,387 13.83 4,587 12.41 4,998 12.84

South Africa ...................................... 588 13.59 1,457 10.02 1,293 8.95

Ukraine .............................................. 0 — W WWW

Uzbekistan ........................................ 0 — W WWW

Total Foreign Purchases ................. 21,102 11.96 26,577 11.45 27,525 10.68

Origin Country

WeightedAverage Price PurchasesWeightedAverage Price

Actual Deliveries in 1999 Actual Deliveries in 2000

Purchases

WeightedAverage Price

Actual Deliveries in 1998

Purchases
22 Energy Information Administration/ Uranium Industry Annual 2000

Table 14. Average Price and Quantity for Purchased Uranium by Owners and Operators of U.S.

Civilian Nuclear Power Reactors by Pricing Mechanisms, 2000 Deliveries

(Dollars per Pound U3O8 Equivalent; Thousand Pounds U3O8 Equivalent)

Pricing Mechanisms

Domestic

Purchasesa

Contract-Specified Pricing

 Weighted-Average Price .....................................

 Quantity with Reported Price ..............................

Spot-Market Pricing

 Weighted-Average Price .....................................

 Quantity with Reported Price ..............................

Other Pricing

 Weighted-Average Price ....................................

 Quantity with Reported Price .............................

All Pricing Mechanisms

 Weighted-Average Price .....................................

 Quantity with Reported Price ..............................

 aUranium of both U.S. and foreign origin.

 b

Uranium of foreign origin only.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Foreign

Purchasesb Total Purchases

Table 13. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

Origin and Material Type, 2000 Deliveries

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Enriched

U3O8 Natural UF6 Uranium Total

Received of U.S.-Origin Uranium:

 Purchases ...............................................................................

 Weighted-Average Price .........................................................

Received of Foreign-Origin Uranium:

 Purchases ...............................................................................

 Weighted-Average Price .........................................................

Total:

 Purchases ...............................................................................

 Weighted-Average Price .........................................................

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Actual Deliveries

12.31 13.11 12.65

16,551 12,012 28,563

9.11 8.56 8.73

5,169 11,571 16,740

9.68 9.14 9.29

1,172 3,006 4,178

11.45 10.68 11.04

22,892 26,589 49,481

8,158 1,320 3,780 13,258

12.13 10.09 10.46 11.52

26,706 8,745 3,101 38,552

10.68 12.09 9.16 10.88

34,864 10,065 6,881 51,810

11.02 11.80 9.86 11.04
Energy Information Administration/ Uranium Industry Annual 2000 23

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

U3O8 ................................

Natural UF6 .....................

Enriched Uranium ...........

Total ................................

Quantity

with

Reported

Material Type Price

Weighted

Average

Price

Spot Contracts

Table 16. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium

by Contract Type and Material Type, 2000 Deliveries

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Table 15. Price Distributions of Uranium Purchases by Owners and Operators of U.S. Civilian

Nuclear Power Reactors by Delivery Year, 1998-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Actual Deliveries in 1998

Quantity with

Reported Price

WeightedDistributions Average Price

Octilea:

First ........................

Second ...................

Third .......................

Fourth.....................

Fifth ........................

Sixth .......................

Seventh ..................

Eighth .....................

Total .......................

Quartileb:

First ........................

Second ...................

Third .......................

Fourth.....................

Total .......................

 aOctile distribution divides total pounds of uranium delivered (with a price) into eight distributions by price and provides the quantity-weighted average

price for each distribution.

 bQuartile distribution divides total pounds of uranium delivered (with a price) into four distributions by each respondent's aggregate weighted-average

price and provides the quantity and average price for each distribution.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

Actual Deliveries in 1999

Quantity with

Reported Price

WeightedAverage Price

Actual Deliveries in 2000

Quantity with

Reported Price

WeightedAverage Price

5,014 8.99 5,697 8.60 6,185 7.02

5,014 10.09 5,697 9.23 6,185 7.96

5,014 10.52 5,697 9.82 6,185 8.94

5,014 10.78 5,697 10.18 6,185 9.55

5,014 11.81 5,697 11.12 6,185 10.27

5,014 12.94 5,697 12.70 6,185 12.26

5,014 14.46 5,697 14.08 6,185 14.19

5,014 17.51 5,697 17.32 6,185 18.11

40,108 12.14 45,577 11.63 49,481 11.04

7,609 10.16 8,575 9.76 7,404 8.42

7,791 11.58 19,535 11.05 16,148 9.89

15,540 12.53 10,611 12.26 14,511 11.03

9,168 13.58 6,856 14.68 11,418 14.37

40,108 12.14 45,577 11.63 49,481 11.04

6,119 8.12 28,745 11.64 34,864 11.02

1,087 8.89 8,042 12.19 9,129 11.80

3,144 9.21 2,344 10.73 5,488 9.86

10,350 8.54 39,131 11.70 49,481 11.04

Long-Term Contracts Total

Quantity

with

Reported

Price

Weighted

Average

Price

Quantity

with

Reported

Price

Weighted

Average

Price
24 Energy Information Administration/ Uranium Industry Annual 2000

Year of Delivery Minimum Maximum

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Table 17. Contracts Signed by Owners and Operators of U.S. Civilian Nuclear Power Reactors in

2000 by Contract Type with 2000 Deliveries

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Purchase Contract Type

WeightedAverage PriceNumber of Purchase

Contracts

Spot ...............................................

Long-term......................................

Total ..............................................

Quantity of Actual Deliveries

Received in 2000

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Table 18. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases

of Uranium, Signed in 2000, by Delivery Year, 2001-2010

(Thousand Pounds U3O8 Equivalent)

2001 ...................................................

2002 ...................................................

2003 ...................................................

2004 ...................................................

2005 ...................................................

2006 ...................................................

2007 ...................................................

2008 ...................................................

2009 ...................................................

2010 ...................................................

Total ...................................................

9,069 8.39 23

2,005 9.44 7

11,074 8.52 30

12,197 13,582

4,055 5,420

5,533 7,608

3,600 5,362

1,358 2,530

572 1,380

200 250

324 478

0 0

0 0

27,839 36,610
Energy Information Administration/ Uranium Industry Annual 2000 25

Table 19. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases

of Uranium from Suppliers, in Effect at the End of 2000, by Delivery Year, 2001-2010

(Thousand Pounds U3O8 Equivalent)

Purchases from U.S.

Suppliers

Purchases from Foreign

Suppliers

Purchases from All

Suppliers

Year of Delivery Minimum Maximum

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Table 20. Unfilled Uranium Requirements of Owners and Operators of U.S. Civilian Nuclear Power

Reactors, 2001-2010

(Thousand Pounds U3O8 Equivalent)

As of December 31, 1999 As of December 31, 2000

Year Annual Annual Cumulative Cumulative

 NR = Not Reported. — = Not applicable.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1999-2000).

2001 ..............................................

2002 ..............................................

2003 ..............................................

2004 ..............................................

2005 ..............................................

2006 ..............................................

2007 ..............................................

2008 ..............................................

2009 ..............................................

2010 ..............................................

Total ..............................................

2001 .............................................................

2002 .............................................................

2003 .............................................................

2004 .............................................................

2005 .............................................................

2006 .............................................................

2007 .............................................................

2008 .............................................................

2009 .............................................................

2010 .............................................................

8,081 8,081 7,890 7,890

18,054 26,135 9,279 17,169

32,116 58,251 20,646 37,815

35,267 93,518 27,132 64,947

44,196 137,714 38,690 103,637

43,852 181,566 44,577 148,214

46,998 228,564 49,094 197,308

45,539 274,103 44,584 241,892

47,464 321,567 50,620 292,512

NR — 46,893 339,405

17,671 20,683 22,698 29,369 40,369 50,052

9,688 13,067 14,668 20,624 24,356 33,691

10,427 13,680 12,582 18,118 23,009 31,798

9,041 11,326 6,602 10,869 15,643 22,195

3,391 5,265 2,845 5,892 6,236 11,157

726 5,165 1,910 3,896 2,636 9,061

0 4,080 2,100 3,874 2,100 7,954

528 1,888 324 2,041 852 3,929

0 2,700 659 769 659 3,469

0 4,080 652 1,609 652 5,689

51,472 81,934 65,040 97,061 116,512 178,995

Minimum Maximum Minimum Maximum
26 Energy Information Administration/ Uranium Industry Annual 2000

Year

Maximum Under

Purchase Contracts Unfilled Requirements

Maximum Anticipated Market

Requirements

Enrichment Feed

Deliveries

Table 21. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S.

Civilian Nuclear Power Reactors, 2001-2010, as of December 31, 2000

(Thousand Pounds U3O8 Equivalent)

China ......................

France ....................

Germany ................

Netherlands ...........

Russia ....................

United Kingdom .....

Europea

 (France, Germany, Netherlands, or United Kingdom) .....

Foreign Total .........

United States .........

Total .......................

Enrichment Plant

Location

ForeignOrigin Total

Actual Deliveries in 1998

Table 22. Owners and Operators of U.S. Civilian Nuclear Power Reactors Deliveries of Uranium

Feed by Enrichment Country and Delivery Year, 1998-2000

(Thousand Pounds U3O8 Equivalent)

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

 a

Specific country in Europe was not reported in the 2000 survey.

 W=Data withheld to avoid disclosure. — = Not applicable.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

U.S.-

Origin

ForeignOrigin Total

Actual Deliveries in 1999

U.S.-

Origin

ForeignOrigin Total

Actual Deliveries in 2000

U.S.-

Origin

2001 ..........

2002 ..........

2003 ..........

2004 ..........

2005 ..........

2006 ..........

2007 ..........

2008 ..........

2009 ..........

2010 ..........

Total ..........

0 0 0 0 W W 0 776 776

W W 3,091 278 4,994 5,272 557 3,685 4,242

W W 2,497 0 1,385 1,385 W W 2,210

W W 1,457 0 W W W W 1,633

0 1,442 1,442 0 1,136 1,136 W W 1,977

W W 2,300 179 3,362 3,541 392 6,120 6,512

—— — W W 1,571

1,167 9,620 10,787 457 12,083 12,540 1,244 17,667 18,921

4,668 25,175 29,843 6,264 25,105 31,369 9,272 19,654 28,926

5,835 34,795 40,630 6,721 37,188 43,909 10,516 37,331 47,847

50,052 7,890 57,942 52,186

33,691 9,279 42,970 48,388

31,798 20,646 52,444 58,320

22,195 27,132 49,327 53,145

11,157 38,690 49,847 49,373

9,061 44,577 53,638 52,703

7,954 49,094 57,048 56,640

3,929 44,584 48,513 48,513

3,469 50,620 54,089 54,024

5,689 46,893 52,582 51,884

178,995 339,405 518,400 525,176
Energy Information Administration/ Uranium Industry Annual 2000 27

 NR = Not reported. — = Not applicable.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1999-2000).

As of

Year of Shipment December 31, 1999

As of

December 31, 2000 Annual Cumulative

Amount to be Shipped Change from 1999 to 2000

Table 24. Shipments of Uranium Feed by Owners and Operators of U.S. Civilian Nuclear Power

Reactors to Domestic and Foreign Enrichment Suppliers, 2001-2010

(Thousand Pounds U3O8 Equivalent)

Table 23. Owners and Operators of U.S. Civilian Nuclear Power Reactors Deliveries of Uranium

Feed for Enrichment by Origin Country and Delivery Year, 1998-2000

(Thousand Pounds U3O8 Equivalent)

 W=Data withheld to avoid disclosure.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

Origin Country

of Feed

To Foreign

Enrichers Total

Actual Deliveries in 1998

To Foreign

Enrichers Total

Actual Deliveries in 1999

To Foreign

Enrichers Total

Actual Deliveries in 2000

To U.S.

Enrichers

To U.S.

Enrichers

To U.S.

Enrichers

Australia ................. 4,135 608 4,743 3,017 1,888 4,905 4,886 2,065 6,951

Brazil ...................... 0 0 0 W W W 0 0 0

Bulgaria .................. 0 0 0 0 W W 0 W W

Canada .................. 12,233 3,520 15,753 10,643 2,816 13,459 6,742 7,887 14,629

China ...................... W W 146 W W 521 W W 702

Czech Republic ...... 0 0 0 0 W W 0 W W

France .................... 0 0 0 W W 555 0 W W

Germany ................ W 0 W W W 492 0 0 0

Kazakhstan ............ 1,587 0 1,587 W W 567 0 1,459 1,459

Mongolia ................ 484 0 484 0 0 0000

Namibia .................. W W 911 W W 552 W W 862

Niger ...................... W W 665 W W 673 0 486 486

Russia .................... 3,412 1,056 4,468 6,128 782 6,910 5,823 784 6,607

South Africa ........... 1,465 104 1,569 2,450 370 2,820 889 1,153 2,042

Tajikistan ................ W 0 W W 0 W W 0 W

Ukraine ................... W W 2,665 0 3,169 3,169 0 1,211 1,211

Uzbekistan ............. 376 1,303 1,679 1,388 919 2,307 571 858 1,429

Yugoslavia .............. 0 0 0 W 0 W 0 0 0

Foreign Total ......... 25,175 9,620 34,795 25,105 12,083 37,188 19,654 17,677 37,331

United States ......... 4,668 1,167 5,835 6,264 457 6,721 9,272 1,244 10,516

Total ....................... 29,843 10,787 40,630 31,369 12,540 43,909 28,926 18,921 47,847

2001 ...........................................................

2002 ...........................................................

2003 ...........................................................

2004 ...........................................................

2005 ...........................................................

2006 ...........................................................

2007 ...........................................................

2008 ...........................................................

2009 ...........................................................

2010 ...........................................................

42,786 52,186 9,400 9,400

48,842 48,388 -454 8,946

51,656 58,320 6,664 15,610

46,483 53,145 6,662 22,272

53,196 49,373 -3,823 18,449

48,495 52,703 4,208 22,657

49,568 56,640 7,072 29,729

48,904 48,513 -391 29,338

50,370 54,024 3,654 32,992

NR 51,884 — —
28 Energy Information Administration/ Uranium Industry Annual 2000

Domestic-Origin Uranium .............................

Foreign-Origin Uranium ................................

Total ..............................................................

Origin of Uranium

Table 27. Uranium in Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors by Year,

1996-2000

(Thousand Pounds U3O8 Equivalent)

2000P

 P = Preliminary data. Final 1999 fuel assembly data reported in the 2000 survey.

 Notes: Includes only unirradiated uranium in new fuel assemblies loaded into reactors during the year. Does not include uranium removed from reactors

that subsequently will be reloaded. Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1997-2000).

Table 25. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchases of

Enrichment Services by Origin Country and Delivery Year, 1996-2000

 (Thousand Separative Work Units (SWU))

Actual Deliveries

Country where Enrichment Service was performed:

China ................................................................................

France ..............................................................................

Germany ..........................................................................

Netherlands .....................................................................

Russia ..............................................................................

United Kingdom ...............................................................

Europea

 (France, Germany, Netherlands, or United Kingdom) .....

Foreign Total ...................................................................

United States ...................................................................

Total .................................................................................

 aSpecific country in Europe was not reported in the 2000 survey.

 W=Data withheld to avoid disclosure. — = Not applicable.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Table 26. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchases of

Enrichment Services by Contract Type in Delivery Year, 2000

(Thousand Separative Work Units (SWU))

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Spot .......................................................

Long-term..............................................

Total ......................................................

Enrichment Service Contract Type U.S. Enrichment Foreign Enrichment Total

W W W 145 292

1,507 734 696 822 1,010

W W W 302 554

167 0 323 245 471

1,073 1,765 2,364 3,424 2,931

278 119 376 487 1,040

— —— — 344

3,154 2,865 4,401 5,425 6,642

8,004 6,013 5,677 4,602 5,155

11,159 8,878 10,079 10,028 11,797

8,820 11,135 7,388 10,583 11,543

37,330 37,069 30,811 48,244 39,873

46,151 48,204 38,199 58,827 51,416

1996 1997 1998 2000 1999

1996 1997 1998 1999

327 481 807

4,828 6,162 10,990

5,155 6,642 11,797
Energy Information Administration/ Uranium Industry Annual 2000 29

Table 28. Foreign Purchases of Uranium by U.S. Suppliers and Owners and Operators of U.S.

Civilian Nuclear Power Reactors by Delivery Year, 1996-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

U.S. Suppliers:

 Foreign Purchases .....................................

 Weighted-Average Price ............................

Owners and Operators of U.S. Civilian

 Nuclear Power Reactors:

 Foreign Purchases .....................................

 Weighted-Average Price ............................

Total:

 Foreign Purchases .....................................

 Weighted-Average Price ............................

Actual Deliveries 1996

Table 29. U.S. Broker and Trader Purchases of Uranium by Origin, Supplier, and Delivery Year,

1996-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Received U.S.-Origin Uranium:

 Purchases .........................................................

 Weighted-Average Price ...................................

Received Foreign-Origin Uranium:

 Purchases .........................................................

 Weighted-Average Price ...................................

Total Received by U.S. Brokers and Traders:

 Purchases .........................................................

 Weighted-Average Price ...................................

Received from Foreign Suppliers:

 Purchases .........................................................

 Weighted-Average Price ...................................

Actual Deliveries 1999

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

1997 1998

21,746 20,425 22,605 20,998 17,386

11.78 10.61 10.50 9.42 8.45

23,676 22,545 21,102 26,577 27,525

14.41 12.89 11.96 11.45 10.68

45,422 42,970 43,707 47,575 44,911

13.15 11.81 11.19 10.55 9.84

4,725 3,162 2,732 3,301 2,965

13.90 12.78 13.50 12.85 10.92

20,529 16,501 21,686 18,679 15,591

12.32 10.66 10.80 9.39 8.44

25,254 19,663 24,418 21,980 18,556

12.61 11.00 11.10 9.91 8.83

17,816 15,703 21,651 19,239 15,803

11.78 10.71 10.77 9.60 8.61

2000

1997 1998 1999 2000

1996
30 Energy Information Administration/ Uranium Industry Annual 2000

Table 30. Foreign Sales of Uranium from U.S. Suppliers and Owners and Operators of U.S.

Civilian Nuclear Power Reactors by Origin and Delivery Year, 1996-2000

(Thousand Pounds U3O8 Equivalent; Dollars per Pound U3O8 Equivalent)

Actual Deliveries to Foreign Suppliers and Utilities

U.S.-Origin Uranium:

 Foreign Sales ...............................................................

 Weighted-Average Price ..............................................

Foreign-Origin Uranium:

 Foreign Sales ...............................................................

 Weighted-Average Price ..............................................

Total Sent:

 Foreign Sales .............................................................

 Weighted-Average Price ............................................

From U.S. Producers, Owners and Operators of U.S. Civilian

 Nuclear Power Reactors, and other U.S. Suppliers:

 Foreign Sales ...............................................................

 Weighted-Average Price ..............................................

From U.S. Brokers and Traders:

 Foreign Sales ...............................................................

 Weighted-Average Price ..............................................

 Note: "Other U.S. Suppliers" are U.S. converters, enrichers, and fabricators.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Table 31. Inventories of Natural and Enriched Uranium as of End of Year, 1996-2000

(Thousand Pounds U3O8 Equivalent)

Owners and Operators of U.S. Civilian

 Nuclear Power Reactors Inventories ...........

 Natural Uranium .............................................

 Enriched Uraniuma .........................................

U.S. Supplier Inventoriesb .............................

 Natural Uranium .............................................

 Enriched Uraniuma .........................................

 Total Commercial Inventories ...................

DOE-Owned and USEC-Held Inventoriesc ...

 Natural Uranium .............................................

 Enriched Uranium ..........................................

Type of Uranium Inventory 2000P

 aIncludes amounts reported as inventories of enriched UF6

 at enrichment suppliers. bIncludes inventories owned by the 1998 privatized USEC, Inc. (United States Enrichment Corporation) for year-end 1997 through 2000 only. cDOE-owned inventories reported by the U.S. Department of Energy. For year-end 1996, includes the held inventories of the United States Enrichment

Corporation (USEC), then a wholly-owned U.S. government corporation. After privatization in July 1998, USEC Incorporated reported its owned inventories,

and are included with the commercial inventories of U.S. suppliers.

 P=Preliminary data. Final 1999 inventory data reported in the 2000 survey.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1997-2000).

Inventories at the End of the Year

4,962 6,472 3,904 3,795 1,044

17.22 14.81 15.75 13.60 13.60

6,542 10,517 11,170 4,715 12,534

11.91 10.90 10.76 10.92 8.09

11,504 16,989 15,074 8,510 13,578

14.20 12.39 12.05 11.97 8.48

5,539 8,584 4,565 3,761 2,369

15.69 13.05 14.39 14.58 11.62

5,965 8,405 10,509 4,749 11,209

12.82 11.72 11.04 10.32 8.06

66,089 65,877 65,758 58,250 55,885

42,194 47,123 42,051 44,761 36,963

23,895 18,753 23,708 13,488 18,922

13,949 40,360 70,732 68,848 56,455

12,969 10,276 35,030 29,468 12,616

980 30,085 35,702 39,380 43,839

80,038 106,237 136,491 127,097 112,340

108,491 53,238 24,454 53,054 53,054

83,211 53,238 24,454 53,054 53,054

25,280 0 0 0 0

1996 1997 1998 2000 1999

1996 1997 1998 1999
Energy Information Administration/ Uranium Industry Annual 2000 31

Brokers and Traders ......................

Converter, Enricher, Fabricators ...

Producers ......................................

Owners and Operators of U.S. Civilian

 Nuclear Power Reactors ..............

Total Commercial Inventories ....

U.S. Firms

Total

1999 2000P

 P = Preliminary data. Final 1999 inventory data reported in the 2000 survey. W=Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1999-2000).

U3O8 on hand, in off-site storage, or

 at conversion plants ...................................

Natural UF6 .....................................................

 on hand, in private off-site storage, or

 at conversion plants .....................................

 delivered to enrichment plants under

 usage agreements .......................................

 at enrichment suppliers .................................

Enriched UF6 ...................................................

 at enrichment suppliers .................................

 on hand, and/or in private storage .................

 as fabricated fuel not inserted into a reactor,

 on hand, and/or in private storage ...............

Total Commercial Inventories .......................

Owners and Operators

of U.S. Civilian Nuclear

Power Reactors

Material Type and Location 1999 2000P

 P = Preliminary data. Final 1999 inventory data reported in the 2000 survey.

 W = Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1999-2000).

Table 32. Commercial Uranium Inventories by Type and Location at End of Year, 1998-2000

(Thousand Pounds U3O8 Equivalent)

Table 33. Commercial Uranium Inventories by Type and Owner at End of Year, 1998-2000

(Thousand Pounds U3

O8 Equivalent)

1998

U.S. Suppliers

1999 2000P 1998

Total

1999 2000P 1998

1998

Natural and Enriched UF6

1999 2000 1998 P

U3O8

1999 2000 1998 P

22,151 22,763 20,503 7,466 15,728 10,945 29,617 38,492 31,448

19,900 21,998 16,460 27,564 13,740 1,672 47,463 35,738 18,132

4,901 W W 1,226 W W 6,127 7,483 4,905

W W W W W W 6,137 4,648 4,003

W 11,009 8,059 W 12,598 1,165 35,199 23,607 9,224

23,708 13,489 18,923 35,702 39,380 43,838 59,410 52,868 62,761

0 W WW W W W W W

7,722 W W W W W W W W

15,985 6,680 10,908 0 0 0 15,985 6,680 10,908

65,758 58,250 55,885 70,732 68,848 56,455 136,491 127,097 112,340

1,136 5,640 W 1,110 1,485 W 2,246 7,125 5,595

0 W W 62,156 W W 62,156 55,219 45,526

6,330 W W 0 W W 6,330 6,503 5,334

22,151 22,763 20,503 43,607 35,487 35,382 65,758 58,250 55,885

29,617 38,492 31,448 106,873 88,605 80,893 136,491 127,097 112,340
Appendix A

Survey

Methodology
Energy Information Administration/ Uranium Industry Annual 2000 35

1

Sampling error is a measure of the variation that occurs by chance because a sample rather than a complete enumeration of units is surveyed.

Appendix A

Survey Methodology

Survey Design

The 17th comprehensive survey of the U.S. uranium

industry was conducted in 2001 by the Energy

Information Administration (EIA) using the

“Uranium Industry Annual Survey,” Form EIA-858.

EIA collected data from all companies involved in

the U.S. uranium industry, mailing the survey form

to these firms in December 2000. The data reported

in this publication were developed from the 2000

survey and predecessor databases.

EIA asked respondents to the “Uranium Industry

Annual Survey” to provide data current to the end

of 2000 about the following:

Uranium raw materials activities, including:

land holdings, exploration and development

activities, uranium-bearing properties and

reserves, uranium mines, uranium processing

facilities, and uranium industry employment in

the raw materials sector

Uranium marketing activities, including

contracts, contract prices and delivery schedules,

uranium inventories, enrichment feed deliveries,

unfilled market requirements, uranium used in

fuel assemblies, and purchases of enrichment

services.

The data collected on Form EIA-858 are subject to

various sources of error. These sources are: (1)

coverage (the list of respondents might not be

complete or, on the other hand, there might be double

counting); (2) non-response (all units that are

surveyed might not respond or not provide all the

information requested); (3) respondents (respondents

might commit errors in reporting the data); (4)

processing (the data collection agency might omit

or incorrectly transcribe a submission); (5) concept

(the data collection elements might not measure the

items they were intended to measure); and (6)

adjustments (errors might be made in estimating

values for missing data). Because the “Uranium

Industry Annual Survey” is not a sample survey, the

estimates shown in this report are not subject to

sampling error.1

 Although it is not possible to present

estimates of nonsampling error, precautionary steps

were taken at each stage of the survey design to

minimize the possible occurrence of these errors.

The steps are described below, with the error they

were designed to minimize shown in parenthesis.

Survey Universe and Frame

(Coverage Errors)

The survey universe includes all companies involved

in the U.S. uranium industry. The universe includes

all firms meeting one or more of the following

criteria: (1) are controllers or were controllers during

any portion of 2000, or are identified in EIA records

as the most recent controllers of uranium properties,

mines, mills, or plant; (2) involved as controllers of

uranium exploration and development ventures in

the United States; (3) incurred uranium exploration

expenditures in 2000 or plan such expenditures in

2001; (4) hold uranium reserves; (5) control uranium

mining properties; (6) control commercial uranium

extraction operations; and (7) purchase, sell, held,

or own domestic- or foreign-origin uranium; offered

uranium enrichment services; imported or exported

uranium; and purchased uranium enrichment services

from an enrichment supplier.

The respondent list used for the Form EIA-858

survey was developed from a frame of all

establishments known to meet the selection criteria.

The frame of potential respondents was compiled

from previous surveys and from information in the

public domain. The frame was intended to cover the

following: all owners or operators of nuclear-fueled

generating stations; uranium converters, enrichers,

and fuel fabricators; uranium traders and brokers;

large and small companies actively engaged in

exploration, development, or extraction in the U.S.

uranium industry; and companies holding all large

properties with uranium reserves. Companies
36 Energy Information Administration/ Uranium Industry Annual 2000

Table A1. Response Statistics for the

2000 Uranium Industry Annual

Survey

Schedule

Response Status A B

Survey Schedules Mailed Out 37 79

Data Provided 32 73

Reported as Not Applicable 5 6

 Source: Energy Information Administration, Form EIA-858, “Uranium

Industry Annual Survey” (2000).

meeting these criteria include: those involved in

exploration, development, mining, milling, and

trading of uranium; landowners; uranium converters,

enrichers, and fabricators; and firms with whole or

partial ownership in operating or planned nuclear

electric power plants.

Survey Procedures

(Nonresponse)

The survey forms were sent via first class mail to

ensure their receipt only by the proper respondent

organization. If the U.S. Postal Service was unable

to deliver the survey form, the corrected address was

obtained where possible. In a few instances,

businesses that had reported in earlier surveys were

no longer operating. All known companies currently

conducting business in the U.S. uranium industry

were contacted during this survey.

Form EIA-858, “Uranium Industry Annual Survey,”

requests data about many areas of company

operations. The scope of the questions is necessarily

broad, and self-reporting of company-specific data

is required.

Approximately 56 percent of the forms were received

by the specified deadline (March 1st). Those that

had not responded by the due date were contacted

by telephone or email to encourage submission of

the forms, and those calls resulted in the receipt of

most of the remaining forms. Subsequent contacts

were made to obtain forms not yet received. In a

few instances, company data were collected through

telephone conversations. The last form was received

May 8, 2001.

Data Editing, Analysis, and

Processing (Respondent and

Processing Errors)

The survey forms are logged in and reviewed by

agency personnel prior to data entry into the Uranium

Industry Annual System, an automated database

containing all current and historical data from each

company’s submissions. The database is maintained

on the EIA computer facility in Washington, DC.

After entry into the database, a copy of each part of

the Form EIA-858 was distributed to the Coal,

Nuclear and Renewables Division analyst

responsible for that part. The submissions were

checked for internal consistency, and the reported

data were compared with previous collections of

similar data. After reviewing these submissions, the

analyst consulted with the reporting company, as

needed, to resolve data problems and to confirm any

corrections of the data.

Data areas that were reviewed and the corrections

that were made differed from company to company.

Most represented different interpretations of the data

item definitions. No data in the database were

changed without first consulting with the reporting

company. Computer edits were also used to identify

keying errors, out-of-range values, and unlikely data

combinations. These also were either corrected to

represent the data reported on the submissions or

were changed only after confirming the corrected

values by telephone conversations or email with

company representatives. Data coding and entry

errors were eliminated by proofing data after entry.

All changes to reported data are documented.

Response Rates

For the 2000 Form EIA-858 survey, Schedule

A,“Uranium Raw Materials Activities,” was mailed

to 37 firms and Schedule B, “Uranium Marketing

Activities,” was mailed to 79 firms. Response

statistics are shown in Table A1. Overall, 100 percent

of the firms responded to EIA with the data as

requested for the survey sections as applicable to

individual firms.
Energy Information Administration/ Uranium Industry Annual 2000 37

Missing Data

Some omissions of data were identified during the

prescreening and editing of the data. Most omitted

data elements fell into two categories: particular data

were unknown or inadvertent omissions. EIA

contacted respondents to obtain omitted data or to

verify that they could not be reported. Only

confirmed company-reported data are contained in

the database and included in this report.

Data Revisions

The Office of Coal, Nuclear, Electric and Alternate

Fuels, Energy Information Administration, has

adopted the following policy for review and

correction (revision) of data it collects and publishes.

The policy covers revisions to prior published data.

This new policy was initially implemented with the

publication of the Uranium Industry Annual 1992.

 1. Annual survey data are published either as

preliminary or final when they first appear in a data

report. Data released as preliminary will be identified

as such. When necessary, preliminary data will be

revised and declared to be final at the next

publication of that data.

 2. Monthly and quarterly survey data are

published initially as preliminary data. They will be

revised only after the completion of the data

collection cycle for the full 12-month survey period.

Revisions will not be made to monthly or quarterly

data prior to this time.

 3. The magnitude of historical data revisions

experienced will be included in each data report to

inform the reader about the accuracy of the data

presented.

 4. Revisions to data published as final will be

made only in the event that newly available

information would result in a change to published

data of more than 1 percent at the national level.

Revisions for changes of lesser magnitudes will be

made at the discretion of the Office Director.

All data, except for uranium inventory data and

uranium fuel assembly data, are published as final.

Data on uranium inventories and fuel assemblies for

the survey year are published as preliminary because

survey respondents are requested to make changes

to their prior year data, if necessary, when reporting

data for the current survey year.

Nondisclosure of Data

To protect the confidentiality of individual

respondents’ data, a policy was implemented to

ensure that the reporting of survey data in this

publication would not associate those data with a

particular company. This is in compliance with EIA

Standard No. 88-05-06, “Nondisclosure of Company

Identifiable Data in Aggregate Cells.” In tables where

the nonzero value of a cell is composed of data from

fewer than three companies or if a single company

dominates a table-cell value so that the publication

of the value would lead to identification of a

company’s data, then the EIA classifies the cell value

as “sensitive,” and the cell value is withheld (“W”)

from publication. Within a table with a sensitive cell

value, selected values in other cells of the table are

also withheld, as necessary, so that the sensitive cell

value cannot be computed using the values in

published cells. A sensitive table-cell value can be

reported, if each company whose data contribute to

the sensitivity, gives permission to publish the value

and if the company believes that publishing it would

not harm the company’s competitive position. This

is the only exception to the application of EIA

Standard No. 88-05-06 in this report.
Appendix B

Resources

and Reserves
Energy Information Administration/ Uranium Industry Annual 2000 41

This section discusses the methodologies used to estimate

the U.S. uranium resources. Three classes of resources

are estimated: Reserves, Estimated Additional Resources

(EAR), and Speculative Resources (SR). EAR and SR

categories are undiscovered potential. A diagram showing

a comparison of nomenclatural schemes used by the EIA

and DOE’s predecessor agencies for reporting estimates

of U.S. uranium resources since 1974 is provided in Figure

B1.

Appraisal of Potential Resources

The appraisal of the National potential resources of

uranium, which comprise the Estimated Additional

Resources (EAR) and Speculative Resources (SR)

categories, is based on extensive data collected under the

uranium resource appraisal program of DOE and its

predecessor agencies. These data include: chemical assays

of core samples; data from geochemical surveys of

groundwater, stream water and sediment; aerial

radiometric surveys; limited selective drilling to fill voids

in subsurface information; and geological studies of field

areas throughout the United States.

Estimates of potential resources are based on data

developed under the DOE National Uranium Resource

Evaluation (NURE) program and under a Memorandum

of Understanding signed in 1984 between EIA and the

U.S. Geological Survey of the Department of Interior.

Annual updating of the estimates by EIA was discontinued

after 1994. Therefore, 2000 potential resources are the

same as those reported for the previous year. Estimates

of uranium resources in the EAR and SR classes for 1991

through 2000 are shown in Table B1. Resource quantities

of EAR and SR are summarized for principal resource

regions (Figure B2) and forward-cost categories in Table

B2.

Estimation of Reserves

The U.S. uranium reserves reported annually by the EIA

for specific forward cost categories represent the sums of

quantities estimated to occur in known deposits on

Appendix B

Resources and Reserves

properties where statistical sampling of grade, ore

configuration, and depth indicate that the quantities could

be recovered under current regulations at or less than the

stated cost using current mining and milling technology.

The reserves for 2000 are based on the historical data for

about 800 (at the $100 per pound mean forward cost

category) uranium reserve properties evaluated under

prior U.S. governmental uranium resource programs and

on data for about 235 uranium properties reported by

domestic uranium mining companies on the 2000 Form

EIA-858. Current mining cost information is not available

for all of the uranium reserve properties included in the

2000 National estimate, and the reserve quantities

reported for the stated forward-cost categories should be

viewed as the upper limits of quantities that could be

recoverable under the most favorable conditions.

The uranium property reserve estimates incorporate direct

bore hole radiometric data validated by chemical analysis

of samples from cores and drill cuttings. The thickness

of mineralized rock, mineral grades and their spatial

distribution, host-rock depth, proposed mining method,

ore haulage distance, and reclamation method are

considered in the reserve evaluation. Reserve quantities

reported by the EIA have been adjusted to reflect the

effects of mining dilution and milling/processing recovery

factors. The costs used to categorize uranium reserves

are based on the concept of forward cost (see Glossary)

and reflect the year-of-estimate costs anticipated to be

incurred in producing the uranium. Forward costs include

the costs for power and fuel, labor, materials, royalties,

insurance, severance and ad valorem taxes, and applicable

administrative costs. Previous expenditures (sunk costs)

for such items as exploration and land acquisition are

excluded as are the costs for income taxes, profit, and the

cost of money. The forward-cost concept is categorically

independent of the price at which uranium produced from

the estimated reserves might be sold in the commercial

market.

Current and historical estimates of the annual U.S.

uranium reserves since 1991 are shown in Table B3. The

2000 reserve estimates for the $30- and the $50-per-pound

U3

O8 categories are summarized for the major uraniumindustry States in Table B4.
42 Energy Information Administration/ Uranium Industry Annual 2000

United States

1990-Current

United States

1974-1982

United States

1983-1989

and NEA/IAEA b

a

Figure B1. Comparison of Historical and Current U.S. and NEA/IAEA Classification Nomenclature

for Uranium Resources

Figure B2. Uranium Resource Regions of the United States

 Source: U.S. Department of Energy, An Assessment Report on Uranium in the United States of America, GJO-111(80) (Grand Junction, Colorado,

October 1980).

 a

This nomenclature was adopted in 1983 by the U.S. Department of Energy and was patterned after the Nuclear Energy Agency/International Atomic

Energy Agency Standard.

 The classifications shown for the United States prior to 1983 and after 1989 and the NEA/IAEA are not strictly comparable, because the criteria used in

the individual systems are not identical. Precise correlations are not possible, particularly for the less assured resources. Nonetheless, based on the

principal criterion of geological assurance of existence, this figure presents a reasonable approximation of uranium resources classification comparability.

 bNEA/IAEA: Nuclear Energy Agency/International Atomic Energy Agency.

 Note: The NEA/IAEA separates the Estimated Additional Resources (EAR) into Categories I and II based primarily on geological inference. Categories

I and II of EAR are not utilized for estimates of resources in the United States.

 Source: Prepared by the Energy Information Administration, Office of Coal, Nuclear, Electric and Alternate Fuels.

Estimated

Additional

Resources

Reserves Speculative

Resources

Reasonably

Assured

Resources

Estimated

Additional

Resources

Reserves

Speculative

Resources

Probable

Potential

Resources

Possible

Potential

Resources

Speculative

Potential

Resources
Energy Information Administration/ Uranium Industry Annual 2000 43

EARa

SRb

Forward-Cost Category

$30 per pound $50 per pound $100 per pound

Year EARa SRb SRb

Table B1. U.S. Potential Uranium Resources by Forward-Cost Category and Resource

Class, 1991-2000

(Million Pounds U3O8)

SRb

Colorado Plateau ...........................

Wyoming Basins ............................

Coastal Plain ..................................

Northern Rockies ...........................

Colorado and Southern Rockies ....

Basin and Range ...........................

Other Regionsc ...............................

Total ...............................................

EARa

Forward-Cost Category

$100 per pound

Resource Region SR EARa b

$50 per pound

SRb

$30 per pound

EARa EARa

1991 ....................................

1992 ....................................

1993 ....................................

1994 ....................................

1995c ...................................

1996c ...................................

1997c ...................................

1998c ...................................

1999c ...................................

2000c ...................................

Table B2. U.S. Potential Uranium Resources by Forward-Cost Category and Resource Region, 2000

(Million Pounds U3O8)

 aEAR = Estimated Additional Resources. bSR = Speculative Resources. cIncludes Appalachian Highlands, Great Plains, Pacific Coast and Sierra Nevada, Central Lowlands, and Columbia Plateau regions and Alaska.

 Notes: Values shown are the mean values for the distribution of estimates for each forward-cost category, rounded to the nearest 10 million pounds U3

O8.

Estimates of uranium that could be recovered as a byproduct of other commodities are not included. Resource values in forward-cost categories are

cumulative: that is, the quantity at each level of forward cost includes all resources at the lower cost in that category.

 Sources: Prepared by the Energy Information Administration, Office of Coal, Nuclear, Electric and Alternate Fuels, based on uranium resources data

developed under DOE National Uranium Resource Evaluation (NURE) program and the USGS Uranium Resource Assessment project, using methodology

described in Uranium Resource Assessment by the Geological Survey: Methodology and Plan to Update the National Resource Base, U.S. Geological

Survey Circular 994 (1987).

 aEAR = Estimated Additional Resources. bSR = Speculative Resources. cAnnual updating of the estimates by the Energy Information Administration was suspended after 1994.

 Notes: Values shown are the mean values for the distribution of estimates for each forward-cost category: 1991-1992- rounded to the nearest 100 million

pounds U3O8; 1993-2000- rounded to the nearest 10 million pounds U3O8. Estimates of uranium that could be recovered as a byproduct of other commodities are not included. Resource values in forward-cost categories are cumulative: that is, the quantity at each level of forward cost includes all resources at

the lower cost in that category.

 Sources: 1991-1994-Estimates based on uranium resources data developed under the NURE program and USGS Uranium Resource Assessment

Project using methodology described in Uranium Resource Assessment by the Geological Survey: Methodology and Plan to Update the National Resource

Base, U.S. Geological Survey Circular 994 (1987).

2,200 1,400 3,400 2,300 4,900 3,600

2,200 1,300 3,400 2,300 4,900 3,500

2,200 1,330 3,340 2,250 4,880 3,510

2,180 1,310 3,310 2,230 4,850 3,480

2,180 1,310 3,310 2,230 4,850 3,480

2,180 1,310 3,310 2,230 4,850 3,480

2,180 1,310 3,310 2,230 4,850 3,480

2,180 1,310 3,310 2,230 4,850 3,480

1,330 480 1,900 770 2,540 1,210

160 80 340 160 660 250

370 130 490 180 600 230

30 110 60 200 170 300

140 90 180 140 220 190

50 90 160 170 390 320

110 330 180 610 270 990

2,180 1,310 3,310 2,230 4,850 3,480

2,180 1,310 3,310 2,230 4,850 3,480

2,180 1,310 3,310 2,230 4,850 3,480
44 Energy Information Administration/ Uranium Industry Annual 2000

Year

$50 per pound

State(s)

U3O8

(million

pounds)

Gradea

(percent U3O8)

U3O8

(million

pounds)

Gradea

(percent U3O8)

$30 per pound

Ore

(million tons)

Ore

(million tons)

New Mexico ..........................

Wyoming ..............................

Arizona, Colorado, Utah .......

Texas ....................................

Otherb ...................................

Total .....................................

Table B3. U.S. Uranium Reserves by Forward-Cost Category, 1991-2000

(Million Pounds U3O8)

$30 per pound $50 per pound $100 per pound

1991 .........................

1992 .........................

1993 .........................

1994 .........................

1995 .........................

1996 .........................

1997 .........................

1998 .........................

1999 .........................

2000 .........................

 Note: Uranium reserves that could be recovered as a byproduct of phosphate and copper mining are not included in these reserves. Reserves values in

forward-cost categories are cumulative; that is, the quantity at each level of forward cost includes all reserves at the lower costs.

 Source: Estimated by the Energy Information Administration, Office of Coal, Nuclear, Electric and Alternated Fuels, based on U.S. Department of Energy,

Grand Junction Projects Office files, and Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1991-2000).

Table B4. U.S. Forward-Cost Uranium Reserves by State, 2000

 aWeighted average percent U3O8 per ton of ore. bIncludes California, Idaho, Nebraska, Nevada, North Dakota, Oregon, South Dakota, Washington, and undisclosed. Notes: Uranium reserves that could be recovered as a byproduct of phosphate and copper mining are not included in this table. Reserves values in

forward-cost categories are cumulative: that is, the quantity at each level of forward-cost includes all reserves at the lower costs. Totals may not equal sum

of components because of independent rounding.

 Sources: Estimated by Energy Information Administration, Office of Coal, Nuclear, Electric and Alternate Fuels, based on industry conferences, U.S.

Department of Energy, Grand Junction Projects Office files, and Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey"

(2000).

304 975 1,542

295 959 1,523

292 952 1,511

294 953 1,501

290 947 1,493

285 939 1,480

281 931 1,466

276 923 1,452

274 908 1,432

271 904 1,430

15 0.277 84 102 0.166 341

42 0.129 110 240 0.077 370

7 0.288 41 42 0.138 115

4 0.079 7 19 0.064 24

7 0.202 29 25 0.107 54

76 0.178 271 428 0.106 904
Appendix C

Respondents to

the Uranium

Industry Annual

Survey
Energy Information Administration/Uranium Industry Annual 2000 47

Table C1. Respondents to the 2000 Uranium Industry Annual Survey

Industry Industry

Activity Activity

Company Name Codea Company Name Codea

ABB C-E Nuclear Power/CE Nuclear Power FAB FirstEnergy Nuclear Operating Company NUC

Alabama Power Co. (Southern Nuclear) NUC Florida Power Corporation NUC

AmerenUE (Union Electric Company) NUC Florida Power & Light NUC

AmerGen Energy Co.; Clinton Power Station NUC Framatome ANP FAB

Anaconda Uranium Corporation UPH General Electric Co./Global Nuclear Fuels FAB

Arizona Public Service Company NUC Geomex Minerals, Inc. UPH

BG&E/Calvert Cliffs Nuclear Power Plant, Inc NUC Georgia Power Co. (Southern Nuclear) NUC

Cameco Resources (U.S.) Inc. UPH GPU Nuclear, Inc. NUC

Carolina Power & Light NUC Green Mountain Mining Venture UPH

Cobb Resources Corporation UPH Hanson Exploration, Inc. UPH

COGEMA, Inc. BRO HBS, Inc. UPH

COGEMA Mining, Inc. MLG Homestake Mining Company UPH

Commonwealth Edison NUC IES Utilities/Nuclear Management Company NUC

Consolidated Edison Co. of NY, Inc. NUC IMC-AGRICO Company MLG

Consumers Energy/Palisades Nuclear Plant NUC Indiana Michigan Power NUC

ConverDyn CON International Uranium (USA) Corporation MLG

Cotter Corporation MLG Malapai Resources Company MLG

Crow Butte Resources, Inc. MLG Marquez Development Corporation UPH

Dawn Mining Company UPH Mining Unlimited, Inc. UPH

Detroit Edison NUC Nebraska Public Power District NUC

Duke Power Company NUC New York Nuclear Corp. / NYNCO Trading BRO

Duquesne Light Co./FirstEnergy NOC NUC New York Power Authority/Entergy Nuclear Fuels NUC

Energy Northwest NUC Niagara Mohawk Power Corporation NUC

Entergy Nuclear Generation Company NUC North Atlantic Energy Service Corp. NUC

Entergy Operations, Inc. NUC Northeast Utilities/Northeast Nuclear Energy Co. NUC

Everest Exploration, Inc. UPH Northern States Power Company/Xcel Energy NUC

Appendix C

Respondents to the Uranium Industry Annual Survey

Respondents to the Energy Information

Administration’s (EIA) 2000 Form EIA-858,

“Uranium Industry Annual Survey,” are listed

alphabetically in Table C1. For each respondent, an

industry-activity code is shown. The activity code

broadly describes the respondent’s major industry

activity from Form EIA-858. Included in the listing

are respondents that stated that no part of the Form

EIA-858 was applicable to their operations during

the survey year. The footnote at the end of Table C1

provides an explanation for the activity codes.
48 Energy Information Administration/Uranium Industry Annual 2000

Table C1. Respondents to the 2000 Uranium Industry Annual Survey (Continued)

Industry Industry

Activity Activity

Company Name Codea Company Name Codea

NUKEM, Inc. TRA Strathmore Resources UPH

NZU, Inc. UPH Tennessee Valley Authority NUC

Omaha Public Power District NUC TXU Electric NUC

Pacific Gas & Electric Company NUC UG U.S.A., Inc. TRA

Pathfinder Mines Corporation UPH Umetco Minerals Company UPH

PECO Energy Co./Exelon Corporation NUC United Nuclear Corporation UPH

Petrotomics Company (c/o Texaco, Inc) UPH The Uranium Exchange Company TRA

Power Resources, Inc. MLG Uranium King Corporation UPH

PP&L, Inc/PPL Susquehanna, LLC NUC Uranium Resources Inc. MLG

Public Service Electric & Gas/PSEG Nuclear NUC U.S. Department of Energy, NE/EM GOV

Rio Algom Mining Corp. MLG USEC, Inc. ENR

Rio Grande Resources Corp. UPH U.S. Energy Corp. (Plateau Resources, Ltd) UPH

RME Partners, L. P. UPH USX Corporation, Texas Uranium Operations UPH

Rochester Gas & Electric Corporation NUC UUS, Inc. UPH

San Diego Gas & Electric NUC Vermont Yankee Nuclear Power Corp. NUC

Section 2 Joint Venture-Continental Materials UPH Virginia Electric and Power Company NUC

Sheep Mountain Partners UPH Western Nuclear, Inc. UPH

Siemens Power Corporation FAB Westinghouse Electric Company, CNFD FAB

Simons Associates UPH Wisconsin Electric Power/Nuclear Management NUC

South Carolina Electric & Gas NUC Wisconsin Public Service Corporation NUC

South Texas Project Nuclear Operating Co. NUC Wolf Creek Nuclear Operating Corporation NUC

Southern California Edison Company NUC Yellow Stone Fuels Corp. UPH

 aBRO = Uranium brokerage company; CON = Uranium conversion service supplier; ENR = Uranium enrichment service supplier; FAB = Uranium fuel

fabrication service supplier; GOV = U.S. Federal Government; MLG = Uranium concentrate milling/processing company (can involve ownership of a

uranium property); NUC = Owners and Operators of U.S. Civilian Nuclear Power Reactors; TRA = Uranium trading company; UPH = Uranium property

holder (can include activities related to uranium exploration, reserves, reclamation, and/or mining).

 Source: Prepared by the Energy Information Administration, Office of Coal, Nuclear, Electric and Alternate Fuels, based on information reported on the

Form EIA-858 “Uranium Industry Annual Survey” (2000).
Appendix D

Form EIA-858:

Uranium Industry

Annual Survey
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule A

RESPONDENT IDENTIFICATION

Form Approved 11/20/2000

OMB Number 1905-0160

Expiration Date: 11/30/2003

Data on this mandatory survey are collected under authority of Section 13(b) Federal Energy Administration Act of 1974 (Public Law 93-275), and section

1015 of the Energy Policy Act of 1992 (Public Law 102-486). Provisions regarding sanctions are described in Part IV, page ii of the instructions. Provisions regarding the confidentiality of information submitted in response to this survey are set forth on page xiii of the instructions for Schedules A and B.

The public reporting burden for both Schedules A and B is estimated to average 24.0 hours per response, including the time of reviewing instructions, searching

existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Please send your comments

about this burden estimate, suggestions for reducing this burden, or any other aspect of this collection of information to: the Energy Information Administration,

Statistics and Methods Group EI-70, 1000 Independence Avenue SW, Washington, DC 20585; and to the Office of Information and Regulatory Affairs,

Office of Management and Budget, Washington, DC 20503.

Company Name:_________________________________________________________

Address:_________________________________________________________

City:___________________________State:____Zip Code:_________________

Parent Company:_________________________________________________________

APPLICABILITY OF SCHEDULE A

Check one box on each line under column (b) or (c). If Part II and Part III are applicable, give in column (d) the

total number of properties and mills or plants reported.

EIA-858 Schedule and Part

A, Part IV: Employment

A, Part III: Uranium Milling and Processing

A, Part II: Reserves and Mine Production by Property

A, Part I: Exploration and Development

 (a)

 Applies to

This

Company

(b)

 Does Not

Apply to This

Company

(c)

 Number

Submitted

(d)

CONTACT PERSON

Schedule A:

Name (Please print): __________________________________ Title:________________________________

Signature:__________________________________________ Date:________________________________

Phone:(________) ________-__________________ Fax: (_____) ________- ________________

E-Mail Address:_______________________@_______________________

Title 18 U.S.C. 1001 makes it a crime for any person knowingly and willingly to make to any Agency or Department of

the United States any false, fictitious or fraudulent statement or misrepresentation as to any matter within its jurisdiction.

Respondent ID (For EIA Use Only)
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

SCHEDULE A: URANIUM RAW MATERIAL ACTIVITIES

Part I: Exploration and Development

ITEM 1: JOINT VENTURE ARRANGEMENTS

Was your company the controlling partner in one or more joint ventures in the Survey Year? Yes No

If “Yes”, list names of joint ventures. If “No”, go to Item 2.

ITEM 2: EXPLORATION LAND STATUS AND COST FOR THE SURVEY YEAR

ITEM 3: EXPLORATION AND DEVELOPMENT DRILLING BY STATE AND TOTAL COST

Survey Year Drilling: Include drilling done for assessment under exploration drilling.

Exploration land acquired:

Cost of all exploration land acquired:

Total exploration land released:

Total exploration land held, December 31st of Survey Year:

$

Acres

Acres

Acres

Following Year:

$ $

1._________________________________________ 4.________________________________________

2._________________________________________ 5.________________________________________

3._________________________________________ 6.________________________________________

 Projected Estimates

Projected

Total Cost

$

Holes

Other (Specify):

Wyoming

Washington

Utah

Texas

New Mexico

Nebraska

Colorado

Arizona

States Cost

 Exploration Drilling

Totals:

Feet Holes Feet Cost

 Development Drilling

ITEM 4: OTHER EXPLORATION AND

 DEVELOPMENT EXPENDITURES

ITEM 5: FOREIGN CONTRIBUTIONS TO

 EXPLORATION EXPENDITURES

ITEM 6: EXPENDITURES FOR EXPLORATION

 IN FOREIGN COUNTRIES

(Include assessment activities)

All other expenditures: $________________

Contribution by foreign-owned companies:

Survey Year: _______%

Following Year (planned): _______%

$

$

$

$ $

$

$

$

 Country Survey

Year

Following

Year

Total Expenditures

FOR EIA USE ONLY

Page 2
ITEM 7: PROPERTY INFORMATION

 Identification:

Ownership:

EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

SCHEDULE A: URANIUM RAW MATERIAL ACTIVITIES

Part II: Reserves and Mine Production by Property

 Property Name:________________________________________________________________ State:___________

 Other Name(s) Used:____________________________________________________ County:_________________

 Section(s) Township N. or S. Range E. or W. Latitude N. Longitude W.

 0 ‘N

 0 ‘N

 0 ‘N

 0 ‘W

 0 ‘W

 0 ‘W

Status: (Check only one):

ITEM 8: PROPERTY URANIUM RESERVES ESTIMATES

Studies Completed: (Check all that apply):

U3O8 (1000 lbs)

Ore (Grade % or 1000 tons)

U3

O8 (1000 lbs)

Ore (Grade % or 1000 tons)

V2

O5 (1000 lbs)

U3O8 (1000 lbs)

Ore (1000 tons)

V2

O5 (1000 lbs)

U3O8 (1000 lbs)

Ore (1000 tons)

Openpit

Underground

In Situ Leach

Other (Specify)

$ $

Mining

Method

Reserves

Component $15 $30 $50 $100

 Reserves Quantities by Cost Category ($ per pound U3O8)

Reserves estimation date: ____/____(MM/YY)

ITEM 9: OPERATING COST USED IN ESTIMATING RESERVES

FOR EIA USE ONLY

Controllership:

If your firm no longer controls this property, identify

the party to which it was transferred:

Address: ______________________________________

Name: _______________________________________

City: ____________________ State:_____ Zip:________

Phone: (______) ______--_____________________

Mining plan

Final reserves estimate

Preliminary feasibility study

Preliminary reserves estimate

Final feasibility study

Exploration continuing

Exploration completed

Under development for production

Mine in production

Mined out

Only assessment work being done

Mine closed temporarily

Mine closed permanently }____/____

 MM/YR

Development drilling complete

Name of Firm Percent

Ownership

Openpit

Underground

In Situ Leach

Other (Specify):

Indirect

Costs Other1

Mining

Method Direct

Mining Haulage Royalty Direct

Milling

 Operating Cost ($ per Ton of Ore)

$ $ $

$ $ $ $

$ $

$ $

$

$/Lb U3O8 Recovered

$

$

1

Define Other Costs:__________________

Page 3
Mining Method Mine or ISL Field

Number of holes drilled, including barren holes, in the reserves outline:

During the Survey Year:_________ Holes. Prior to the Survey Year:________ Holes.

Break-even cutoff grade (Percent U3O8)

Reserves Estimate Parameters Openpit

Mill or Plant

Capital Costs

1

Other: (Specify method chosen)___________________________________________

 ITEM 11: DRILLING AND RESERVES ESTIMATION PARAMETERS

 Underground In Situ Leach

Grade x thickness (Feet Percent)

Cutoff ore thickness

Average area of influence per ore hole (Sq Ft)

Tonnage factor (Cubic Feet per Ton)

Mine Recovery factor (Percent)

Average ore grade (Percent U3

O8)

Average ore thickness (Feet)

Average depth to ore (Feet)

Mill or plant recovery (Percent)

Openpit

Underground

In Situ Leach

Other1

$

$

$

$

$

$

$

$

EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

SCHEDULE A: URANIUM RAW MATERIAL ACTIVITIES

Part II: Reserves and Mine Production by Property (Continued)

 Property Name:________________________________________________________________

FOR EIA USE ONLY

ITEM 10: CAPITAL COSTS BY MINING METHOD

Capital Costs for Development, Construction and Equipment

Page 4

ITEM 12: MINE PRODUCTION AND SHIPMENTS OF ORE OR PREGNANT SOLUTIONS

Shipment of Ore or Pregnant Solutions

Uranium and Vanadium Mined

Mining Method Ore (Tons)

1

Other, please specify:____________________________________________________________________________________

Contained

U3O8 (Pounds)

Contained

V2O5 (Pounds)

Openpit

Underground

In Situ Leach

Other1

(Grade):

(Tons or Grade):

Ore

(Tons)

Contained

U3O8 (Pounds)

Contained

V2O5 (Pounds)

To Stockpile

To Mill or Plant

To Others

Facility Facility Name

Shipment Destination

Minmum mining height (Feet)
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

SCHEDULE A: URANIUM RAW MATERIAL ACTIVITIES

Part III: Uranium Milling and Processing

Facility Name :________________________________________________ State: _______

Other Name(s) Used: _________________________________ County:________________

FOR EIA USE ONLY

ITEM 13: MILL OR PLANT INFORMATION

Name and Location:

Controllership:

 Section(s) Township N. or S. Range E. or W. Latitude N. Longitude W.

 0 ‘N

 0 ‘N

 0 ‘N

 0 ‘W

 0 ‘W

 0 ‘W

Type of Faciltiy:

Nonconventional plant

Other (Specify):_________

Conventional mill

Ownership:

If your firm no longer controls this facility, identify

the party to which it was transferred:

Address:_____________________________________

Name: ______________________________________

City:___________________State:______Zip: ________

Phone: (______) ______-_____________________

Name of Firm Percent

Ownership

Indicate the nature of the arrangement between your

firm and the firm named above (mark one):

Other arrangement (Specify):_______________

_____________________________________

Title transfer Contract Lease

1

See provisions regarding confidentiality

of information in the instructions.

ITEM 14: RATED CAPACITY

ITEM 15: OPERATING STATUS DURING SURVEY YEAR

Other status (Please specify):________________

Reclaimed (Restoration in progress or completed)

Closed indefinitely (Following Year restart not planned)

Closed permanently (Will not be restarted)

Closed temporarily (Restart planned for Following Year)

Number of days operated in Survey Year. Nominal:_________Days Actual:________Days

Yes

Yes

No

Was facility operated throughout Survey Year? No If No, give closing date:_____/_____ MM/YY

Was facility operating at end of Survey Year?1

Nonconventional plant (Lbs U3O8 per yr)1

Conventional mill (Tons ore per day)1

If facility did not operate during Survey Year:

Holding (standby) cost per year

One-time cost to reopen

$

$

Months required to return plant to full

production, if decided on December 31st

of the Survey Year months 1

See provisions on confidentiality of information in the instructions.

ITEM 16: URANIUM CONCENTRATE PRODUCTION

Category Conventional Nonconventional

Ore Fed-to-Process

Other Mill Feed1 (Lbs U3O8)

In-Process Inventories (Lbs U3O8)

as of December 31st

Possible Production: 100% Recovery (Lbs U3

O8)

Tailings and Unaccountable (Lbs U3O8)

Concentration Production (Lbs U3O8)

Recovery Percent

Concentrate Shipped (Lbs U3O8)

Tons Ore

Lbs U3O8

Prior Year

Survey Year

Prior Year

Survey Year

Total Plant Feed2

 (Lbs U3O8)

Concentrate Inventories (Lbs U3

O8)

as of December 31st

Other (Specify):

______________

Heap leach

Tailings water

Mine water

Other (Specify):

_______________

Reclamation

Byproduct recovery

In situ Leach

1

Other Mill Feed:

(Check all sources)

2

Total Plant Feed:

(Check all sources)

Page 5
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

SCHEDULE A: URANIUM RAW MATERIAL ACTIVITIES

Part IV: Employment

ITEM 17: EMPLOYMENT BY STATE

COMMENTS FOR SCHEDULE A

Exploration

Other (Specify):

Wyoming

Washington

Utah

Texas

New Mexico

Nebraska

Florida

Colorado

Arizona

States Milling

 Employment (Person-Years): Include staff and contract personnel.

Totals:

Mining Processing Reclamation

FOR EIA USE ONLY

Page 6
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule B: Uranium Marketing Activities

RESPONDENT IDENTIFICATION

Form Approved 11/20/2000

OMB Number 1905-0160

Expiration Date: 11/30/2003

Data on this mandatory survey are collected under authority of Section 13(b) Federal Energy Administration Act of 1974 (Public Law 93-275), and section

1015 of the Energy Policy Act of 1992 (Public Law 102-486). Provisions regarding sanctions are described in Part IV, page ii of the instructions. Provisions regarding the confidentiality of information submitted in response to this survey are set forth on page xiii of the instructions for Schedules A and B.

The public reporting burden for both Schedules A and B is estimated to average 24.0 hours per response, including the time of reviewing instructions, searching

existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Please send your comments

about this burden estimate, suggestions for reducing this burden, or any other aspect of this collection of information to: the Energy Information Administration,

Statistics and Methods Group EI-70, 1000 Independence Avenue SW, Washington, DC 20585; and to the Office of Information and Regulatory Affairs,

Office of Management and Budget, Washington, DC 20503.

Company Name:_________________________________________________________

Address:________________________________________________________

City:___________________________ State:____ Zip Code:________________

Parent Company:_________________________________________________________

APPLICABILITY OF SCHEDULE B

Check one box on each line under column (b) or (c). If Item 1 is applicable, give in column (d) the

total number of contracts reported on the Schedule B for the Survey Year.

CONTACT PERSON

Schedule B:

Name (Please print): _________________________________ Title:_________________________________

Signature:__________________________________________ Date:_________________________________

Phone:(________) _______-___________________ Fax: (_____) ________- ________________

E-Mail Address:_______________________@_______________________

Title 18 U.S.C. 1001 makes it a crime for any person knowingly and willingly to make to any Agency or Department of

the United States any false, fictitious or fraudulent statement or misrepresentation as to any matter within its jurisdiction.

Respondent ID (For EIA Use Only)

EIA-858 Schedule B Items

B: Item 7: Projected Enrichment Feed Deliveries & Unfilled Reqd

B: Item 6: Actual Enrichment Feed Deliveries

B: Item 5: Uranium Used in Fuel Assemblies

B: Item 4: Uranium Inventory Policy

B: Item 3: Uranium Inventories

B: Item 2: Enrichment Services Purchased

B: Item 1: Contract(s)

 (a)

 Applies to

This

Company

(b)

 Does Not

Apply to This

Company

(c)

 Number

Submitted

(d)
Exported

Countryof Origin

To

Imported From

Received

Sent

BaseEscalated

Spot

Other

EIA-858 (Revised 10/27/00)

E. Country Codes: for all Items. AR = Argentina AS = Australia BE = Belgium BR = Brazil BU = Bulgaria CA = Canada CH = Chinia CZ = 

Czech Republic FI = Finland FR = France GR = Germany GB = Gabon HU = Hungary IN = India JA = Japan KA = Kazakhstan KN = Korea, North

KS = Korea, South KY = Kyrgyzstan LH = Lithunia LO = Slovakia MX = Mexico MO = Mongolia NI = Niger NL = Netherlands PK = Pakistan

PO = Portugal RO = Romania RP = Phillippines SF = South Africa SP = Spain SW = Sweden SZ = Switzerland TI = Tajikistan TW = Taiwan

WA = Namibia UK = United Kingdom UP = Ukraine UR = Russia US = United States USR = U.S./ Russia UZ = Uzbekistan YO = Yugoslavia

UN = Unknown NRC or Other Specify:__________________________

Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule B: Uranium Marketing Activities

ITEM 1: CONTRACT: Complete one copy of this page for each contract (market commitment and/or custody transaction) your firm had in

 place on December 31 of the Survey Year. Contract Completed.

A. Other Party Name: _______________________________________________________________

FOR EIA USE ONLY: _________________________________

C. Contract Type: Spot Long-Term

B. Date Contract Signed: ___/___/___

Date Contract Renegotiated: ___/___/___

 Check if the renegotiation was price related.

D.1. Transfer of Title: Mark in order.

Sale(Sent)

Exchange(Sent)

Loan Lender(Sent)

Loan Repayment Borrower(Sent)

Other Transfer of Title (Specify): ________________________________________________

Purchase(Received)

Exchange(Received)

Loan Borrower(Received)

Does this transaction involve intracompany transfer of material? Yes No

Loan Repayment Lender(Received)

2. Custody Transactions: (Involving

foreign-owned uranium)

Storage/Holding Agreement

Other Custody Transaction

(Specify):____________________

3. Match Sales Transactions:

Check if involved matched sales.

2013

Quantity

Fixed

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

Future

Deliveries

 Quantity

Min Max 

2012

 Min Max 

FOR EIA USE ONLY

F. Uranium Deliveries: (Quantities in Thousand Pounds U3O8 Equivalent) Not Applicable

TOTAL

 1. U3O8

Quantity Price $/lb

Exported

Countryof Origin

To

Imported From

BaseEscalated

Received

Sent

Fixed

Spot

Other

Pricing Mechanisms

 4. 5. 6. 7. 8. 9. 10. 11. 12.

13 Date ___/___

12 Date ___/___

11 Date ___/___

10 Date ___/___

9 Date ___/___

8 Date ___/___

7 Date ___/___

6 Date ___/___

5 Date ___/___

4 Date ___/___

3 Date ___/___

2 Date ___/___

1 Date ___/___

Actual 2000

 Deliveries

 month/day

2. Natural UF6

3. Enriched Uranium

TOTAL

Quantity Price $/lb

Page 7
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule B: Uranium Marketing Activities

2. Quantity

(SWU)

Spot

11. Date

10. Date

9. Date

8. Date

7. Date

6. Date

5. Date

4. Date

3. Date

2. Date

1. Date

1. Delivery Date MM/DD 3. Seller’s

Name

13. Date

12. Date

Not Applicable

ITEM 2: ENRICHMENT SERVICES PURCHASED BY OWNERS AND OPERATORS OF CIVILIAN NUCLEAR POWER REACTORS

18. Date

17. Date

16. Date

15. Date

20. Date

19. Date

14. Date

4. Country of

Enrichment Service

Long-Term

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

ITEM 3: URANIUM INVENTORIES: Includes material reported in Item 1.D.2 above belongs to a foreign company

and was stored at your site(s) at year end.

Foreign-Origin

C1. Natural UF6 at enrichment suppliers (Exclude amounts held

 under usage agreements)

 B. Natural UF6 on hand, in private off-site storage, or at conversion

 plants

 A. U3O8 on hand, in off-site storage, or at conversion plant

Type of Inventory Domestic-Origin

E. Fabricated fuel not inserted into a reactor, on

 hand, and/or private storage

 D. Enriched UF6 on hand, and/or in private storage

 C2. Enriched UF6 at enrichment suppliers

 G. Totals of 3.A through 3.F

F. Natural UF6 your company has delivered to

 DOE/USEC under usage agreements

Year-end

 1999

Year-end

 2000

Year-end

 1999

Year-end

 2000

Quantity (1000 lbs of U 3O8 Equivalent)

Page 8

FOR EIA USE ONLY
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule B: Uranium Marketing Activities

Foreign-Origin

 Unirradiated Uranium in Fuel Assemblies

Owners and Operators of Civilian Nuclear Power Reactors

only: Report only the total of unirradiated new fuel assemblies

loaded into the reactor(s) during the Survey Year and during 

the prior year by origin. Do not include uranium removed 

 Domestic-Origin

 1999 2000 1999 2000

Quantity (1000 lbs of U3O8 Equivalent)

Quantity

(1000 lbs U3O8

Equivalent)

Origin: Other (Please Specify):

Origin: Other (Please Specify):

Origin: Other (Please Specify):

Origin: Other (Please Specify):

Origin: Other (Please Specify):

Origin: South Africa

Origin: Canada

Origin: Australia

Classification of Material Shipped

Origin: (Please Specify):

Enrichment

Source

Country

Origin: (Please Specify):

Origin: (Please Specify):

Origin: (Please Specify):

Origin: (Please Specify):

Origin: (Please Specify):

E. U3O8 Equivalent of secondary SWU received in exchange

(for DOE/USEC enrichment only)

F. Total (A + B + C + D + E)

C. Shipment of U.S.-origin material to non-U.S. enrichment suppliers

B. Shipment of foreign-origin material to DOE/USEC enrichment plants:

A. Shipment of U.S.-origin material to DOE/USEC enrichment plants

ITEM 4: OWNERS AND OPERATORS OF CIVILAN NUCLEAR POWER REACTORS URANIUM INVENTORY POLICY: 

Does your company have an inventory policy on any form of uranium? Yes No (If Yes, provide the following data)

ITEM 5: URANIUM USED IN FUEL ASSEMBLIES IN THE SURVEY YEAR

ITEM 6: ACTUAL ENRICHMENT FEED DELIVERIES IN THE SURVEY YEAR

Thousand pounds U3O8 equivalent

U3O8

Type of Inventory

 Months of Foward coverage

 Desired Inventory Levels

Natural UF6

Enriched UF6

Fabricated Fuel

Page 9

FOR EIA USE ONLY

Origin: (Please Specify):

Origin: (Please Specify):

D. Shipment of foreign-origin material to non-U.S. enrichment suppliers
EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule B: Uranium Marketing Activities

ITEM 7: PROJECTED ENRICHMENT FEED DELIVERIES AND

 UNFILLED MARKET REQUIREMENTS

COMMENTS FOR SCHEDULE B

Projected shipments to enrichment suppliers

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

Year Unfilled market requirements

 (1000 lbs U3O8 equivalent)

Page 10

FOR EIA USE ONLY
2. Quantity

(SWU)

 Spot

31. Date

30. Date

29. Date

28. Date

27. Date

26. Date

25. Date

24. Date

23. Date

22. Date

21. Date

1. Delivery Date MM/DD 3. Seller’s

Name

33. Date

32. Date

38. Date

37. Date

36. Date

35. Date

40. Date

39. Date

34. Date

4. Country of

Enrichment Service

Long-Term

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

41. Date

42. Date

43. Date

44. Date

45. Date

46. Date

47. Date

48. Date

49. Date

50. Date

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

___/___

ITEM 2: ENRICHMENT SERVICES PURCHASED BY OWNERS AND OPERATORS OF CIVILIAN NUCLEAR POWER REACTORS

 (USE ONLY AS A CONTINUATION SHEET)

EIA-858 (Revised 10/27/00) Energy Information Administration

U.S. Department of Energy

Uranium Industry Annual Survey

Survey Year 2000

Schedule B: Uranium Marketing Activities

Page 8A

FOR EIA USE ONLY
Appendix E

U.S. Customary Units

of Measurement,

International System

of Units (SI), and

Selected Data Tables

in SI Metric Units
Energy Information Administration/ Uranium Industry Annual 2000 65

Table E1. Conversion Factors for U.S. Customary Units and SI Metric Units of Measurement

To convert from: To: Multiply by:a

Area

acre meter2 (m2) 4,046.9*

Length

foot (ft) meter (m) 0.304 801

yard (yd) meter (m) 0.914 4*

Mass

pound—avoirdupois (lb avdp) kilogram (kg) 0.453 592

pound—avoirdupois U3

O8

b kilogram U 0.384 647

ton, short (2,000 lb) metric ton (t) 0.907 185

 aAn asterisk after the last digit indicates that the conversion factor is exact and that all subsequent digits are zero. All other conversion factors are rounded

to six digits after the decimal.

 bThe factor of 1 pound U3O8 = 0.848 002 pounds U was used in this conversion.

 Source: Table E1 is patterned after Table 3, “Conversion Factors for SI Metric Units and U.S. Customary Units of Measurement,” in S.M. Long and A.M.

Orellana, “The Metric System,” in Suggestions to Authors of the Reports of the United States Geological Survey, Sixth Edition, U.S. Government Printing

Office (Washington, DC, 1978) pp. 192-196.

Appendix E

U.S. Customary Units of Measurement, International

System of Units (SI), and Selected Data Tables in

SI Metric Units

Standard Factors for interconversion between U.S.

customary units and the International System of Units (SI)

are shown in Table E1. These factors are provided as a

coherent and consistent set of units for the convenience

of the reader in making conversions between U.S. and

metric units of measure for data published in this report.

Conversion factors are provided only for the U.S. units of

measurement quoted in this report.
66 Energy Information Administration/ Uranium Industry Annual 2000

Forward Cost and Average Price

Conversions

The forward-cost categories of $US80 through $US130

per pound U shown on Table E3 to report uranium reserves

quantities were converted from units of “$ per pound

U3O8” to “$ per kilogram U” by multiplying by the standard

factor of 2.6 and rounding the results to the nearest multiple

of $US10.

 Selected Tables Converted to

SI Metric Values

Sixteen principal tables of data from the Uranium Industry

Annual 2000 (UIA) converted to equivalent metric values

are shown on the following pages. The crosswalk given

below shows the correlation between the tables of metric

values and their corresponding tables in U.S. customary

units in the main body of the UIA.

Appendix E UIA Chapter and

Table Number Table Number

 E2 ..............................Chapter 1, Table 1

 E3 ..............................Chapter 1, Table 3

 E4 ..............................Chapter 1, Table 4

 E5 ..............................Chapter 1, Table 5

 E6 ..............................Chapter 2, Table 10

 E7 ..............................Chapter 2, Table 11

 E8 ..............................Chapter 2, Table 12

 E9 ..............................Chapter 2, Table 14

E10 .............................Chapter 2, Table 19

E11 .............................Chapter 2, Table 21

E12 .............................Chapter 2, Table 22

E13 .............................Chapter 2, Table 27

E14 .............................Chapter 2, Table 28

E15 .............................Chapter 2, Table 29

E16 .............................Chapter 2, Table 30

E17 .............................Chapter 2, Table 31
Energy Information Administration/ Uranium Industry Annual 2000 67

Square

Meters

Acquired

during

Year

(millions)

Surface Drilling

Exploration

Surface Drilling

Development

Surface Drilling

Exploration and Development

Land

Exploration

1991 ...

1992 ...

1993 ...

1994 ...

1995 ...

1996 ...

1997 ...

1998 ...

1999 ...

2000 ...

Year

Number

of Holes

Meters

(thousand)

Cost

(thousand

dollars)

Number

 of Holes

Meters

(thousand)

Cost

(thousand

dollars)

Number

of Holes

Cost

(thousand

dollars)

Meters

(thousand)

Table E2. U.S. Uranium Land and Surface Drilling Activities, 1991-2000

Forward-Cost Category

$130 per kilogram

Mining Method

Uranium

(thousand

metric tons)

Gradea

(percent U)

Uranium

(thousand

metric tons)

Gradea

(percent U)

$80 per kilogram

Underground .......................

Openpit ...............................

In Situ Leaching ..................

Otherb ..................................

Total ....................................

Table E3. U.S. Forward-Cost Uranium Reserves by Mining Method, 2000

Ore

(million

metric tons)

Ore

(million

 metric tons)

Square

Meters

Held at

End of

Year

(millions)

 aWeighted average percent U per metric ton of ore. bIncludes heap leach, low grade material, and miscellaneous.

 Notes: Uranium reserves that could be recovered as a byproduct of phosphate and copper mining are not included in this table. Reserves values in

forward-cost categories are cumulative: That is, the quantity at each level of forward-cost includes all reserves at the lower costs. Totals may not equal sum

of components because of independent rounding.

 Sources: Estimated by Energy Information Administration, Office of Coal, Nuclear, Electric and Alternate Fuels, based on industry conferences, U.S.

Department of Energy, Grand Junction Projects Office files, and Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey"

(2000).

130 4,290 1,624 297 2,832 1,573 265 8,114 3,197 561 10,946

344 3,189 935 171 1,267 833 153 1,162 1,768 324 2,429

263 1,841 355 68 983 1,665 270 4,754 2,020 338 5,737

36 1,315 519 104 736 477 96 383 996 200 1,119

28 1,048 584 122 790 1,728 289 1,799 2,312 411 2,589

146 1,166 1,118 269 1,602 3,577 659 5,549 4,695 928 7,150

2,226 3,399 1,935 405 3,544 5,858 1,083 16,448 7,793 1,488 19,992

26 3,339 1,370 271 2,261 5,231 1,144 15,814 6,601 1,415 18,075

0 3,267 265 54 276 2,911 709 7,616 3,176 763 7,892

W 2,772 W W W W W W 1,550 312 5,635

23 0.230 53 130 0.138 178

9 0.118 11 148 0.067 99

36 0.109 40 108 0.064 69

< 1 0.224 < 1 3 0.050 1

69 0.151 104 388 0.090 348

 W=Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual Survey"

(2000).
68 Energy Information Administration/ Uranium Industry Annual 2000

Underground

 (metric tons U) .................................

Openpit

 (metric tons U) .................................

In Situ Leaching

 (metric tons U) .................................

Othera

 (metric tons U) ..................................

 Total Mine Production

 (metric tons U) ...............................

Number of Mines Operated

 Underground ...................................

 Openpit ...........................................

 In Situ Leaching ..............................

 Other Sourcesb ...............................

 Total Mines and Sources ...........

Table E4. U.S. Uranium Mine Production and Number of Mines and Sources, 1991-2000

Mining Method 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

 aFor 1991, "Other" includes production from underground, in situ leach, heap leach (1990), mine water, water treatment plant solutions (1990), and

restoration. For 1992, "Other" includes production from underground, openpit, and in situ leach mines and uranium bearing water from mine workings,

tailings ponds, and restoration. For 1993, the "Other" includes production from in situ leach mines and urainum bearing water from mine workings and

restoration. For 1994 and 1995, "Other" includes production from uranium bearing water from mine workings and restoration. For 1996 through 2000,

"Other" includes production from underground mines and uranium bearing water from mine workings and restoration.

 bOther Sources includes, in various years, heap leach, mine water, mill site cleanup and mill tailings, well field restoration, and low-grade stockpiles as

sources of uranium.

 W=Data withheld to avoid disclosure. The data are included in the total for "Other."

 Notes: Totals may not equal sum of components because of independent rounding. Table does not include byproduct production and sources.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

WW 0 0 0 WW W W W

972 W 0 0 0 0 0 0 0 0

W W W 942 1,297 1,684 1,571 1,431 1,473 1,152

1,021 379 789 30 60 125 241 408 276 49

1,993 379 789 972 1,357 1,810 1,812 1,840 1,750 1,201

64 0 0 0 11 4 3 1

21 0 0 0 00 0 0 0

64 5 5 5 67 6 6 4

18 7 7 7 66 5 5 5

15 17 12 12 12 13 14 15 14 10
Energy Information Administration/ Uranium Industry Annual 2000 69

Processing Operations

Table E5. U.S. Uranium Concentrate Processing Operations, 1991-2000

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

Ore Fed to Processa

 (thousand metric tons) ....................

Percent Ub ..........................................

Contained U (metric tons)

 In Ore ...............................................

 Other Feed Materialsc ......................

Total Mill Feed (metric tons U) ...........

In-Process Inventory Change

 (metric tons U) .................................

Concentrate Produced at Mills

 (metric tons U)

 Theoreticald ......................................

 Actual ..............................................

 Recovery as Percent ....................

 Tailings and Unaccountable

 (metric tons U) ...........................

Other Processinge

 (metric tons U) ..................................

Total Uranium Concentrate Production

 (metric tons U) .................................

Total Concentrate Shipped From Mills

 and Plants

 (metric tons U) ...............................

 aUranium ore "fed to process" in any year can include: ore mined and shipped to a mill during the same year, ore that was mined during a prior year and

later shipped from mine-site stockpiles, and/or ore obtained from drawdowns of stockpiles maintained at a mill site.

 bWeighted average percent U per metric ton of ore. cIncludes for various years uranium from low-grade ore, mill cleanup, mine water, tailings water, heap leaching, and waste stream materials. dAt 100-percent recovery. eU3

O8 concentrate production from in-situ leaching and as a byproduct of phosphate processing.

 — = Not applicable. W=Data withheld to avoid disclosure.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration: 1991-1999-Uranium Industry Annual 1999 (May 2000). 2000-Form EIA-858, "Uranium Industry Annual

Survey" (2000).

580 232 0 0 151 40 0 0 W W

0.168 0.194 — — 0.441 0.424 — — W W

973 451 0 0 669 171 0 0 W W

69 70 16 30 63 157 350 149 W W

1,042 520 16 30 732 328 350 149 485 390

- 47 - 10 4 9 60 - 53 20 - 3 41 - 51

1,089 530 12 21 671 381 330 151 444 448

1,003 523 12 18 621 331 302 124 349 391

92.2 98.7 — — 92.6 86.8 91.2 82.2 78.6 87.4

85 7 0 3 50 50 29 27 95 57

2,056 1,649 1,167 1,272 1,703 2,101 1,869 1,685 1,425 1,131

3,059 2,171 1,178 1,289 2,324 2,431 2,171 1,810 1,773 1,522

3,245 2,636 1,298 2,431 2,116 2,301 2,237 1,871 2,126 1,226
70 Energy Information Administration/ Uranium Industry Annual 2000

Table E6. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by

Supplier, Transaction Type, and Delivery Year, 1996-2000

(Metric Tons U Equivalent; Dollars per Kilogram U Equivalent)

 — = Not applicable.

 W=Data withheld to avoid disclosure.

 Notes: "Other U.S. Suppliers" are U.S. converters, enrichers, and fabricators. Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Table E7. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Uranium by

Origin, Transaction Type, and Delivery Year, 1996-2000

(Metric Tons U Equivalent; Dollars per Kilogram U Equivalent)

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

2,218 2,205 2,496 1,985 1,369

36.91 35.35 35.38 36.21 38.52

5,124 3,804 4,026 3,998 3,498

34.73 32.01 31.07 30.00 29.32

0 WW W 0

— WW W —

725 W W W 3,383

38.95 W W W 27.16

10,139 8,986 8,175 10,296 11,677

37.57 33.56 31.11 29.83 27.70

18,206 16,140 16,441 18,443 19,929

36.71 33.49 31.55 30.24 28.70

3,192 3,105 2,762 4,403 5,100

38.01 34.73 34.76 31.83 29.94

15,014 13,035 13,679 14,040 14,829

36.45 33.23 30.94 29.83 28.28

18,206 16,140 16,441 18,443 19,929

36.71 33.49 31.55 30.24 28.70

Actual Deliveries 1996 1997 1998 2000 1999

Actual Deliveries 1996 1997 1998 1999 2000

Received from U.S. Producers:

 Purchases of U.S.-Origin and Foreign-Origin Uranium .....

 Weighted-Average Price ....................................................

Received from U.S. Brokers and Traders:

 Purchases of U.S.-Origin and Foreign-Origin Uranium .....

 Weighted-Average Price ....................................................

Received from other Owners and Operators of U.S. Civilian

Nuclear Power Reactors:

 Purchases ..........................................................................

 Weighted-Average Price ....................................................

Received from other U.S. Suppliers:

 Purchases of U.S.-Origin and Foreign-Origin Uranium .....

 Weighted-Average Price ....................................................

Received from Foreign Suppliers:

 Purchases of U.S.-Origin and Foreign-Origin Uranium .....

 Weighted-Average Price ....................................................

Total Received by Owners and Operators of U.S. Civilian

Nuclear Power Reactors:

 Purchases of U.S.-Origin and Foreign-Origin Uranium .....

 Weighted-Average Price ....................................................

Received of U.S.-Origin Uranium:

 Purchases ..........................................................................

 Weighted-Average Price ....................................................

Received of Foreign-Origin Uranium:

 Purchases ..........................................................................

 Weighted-Average Price ....................................................

Total:

 Purchases ..........................................................................

 Weighted-Average Price ....................................................
Energy Information Administration/ Uranium Industry Annual 2000 71

Table E8. Owners and Operators of U.S. Civilian Nuclear Power Reactors Purchased Uranium by

Origin Country and Delivery Year, 1998-2000

 (Metric Tons U Equivalent; Dollars per Kilogram U Equivalent)

Origin Country

WeightedAverage Price PurchasesWeightedAverage Price

Actual Deliveries in 1999 Actual Deliveries in 2000

Purchases

WeightedAverage Price

Actual Deliveries in 1998

Purchases

 W=Data withheld to avoid disclosure. — = Not applicable.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

All Purchases:

Australia ............................................ 2,219 29.72 2,815 28.43 4,893 23.93

Brazil ................................................. W W 0 — 0 —

Bulgaria ............................................. 0 — 0 — W W

Canada ............................................. 5,526 29.93 4,804 29.26 4,021 29.12

China ................................................. W W 267 31.56 239 30.05

Czech Republic ................................. 0 — W W 324 25.71

France ............................................... 0 — 213 25.93 W W

Gabon ............................................... W W 0 — 0 —

Germany ........................................... W W W W 0 —

Kazakhstan ....................................... 457 28.14 W W W W

Mongolia ........................................... W W 0 — 0 —

Namibia ............................................. 300 37.34 408 33.77 290 40.32

Niger ................................................. 329 40.38 W W 278 31.37

Russia ............................................... 2,292 34.50 2,428 33.46 2,572 34.24

South Africa ...................................... 979 32.07 1,046 27.86 903 23.30

Tajikistan ........................................... W W 0 — 0 —

Ukraine .............................................. W W 772 23.35 W W

United Kingdom ................................ W W 0 — 0 —

Uzbekistan ........................................ 961 29.77 874 32.86 740 33.69

Yugoslavia ......................................... W W 0 — 0 —

Total Foreign .................................... 13,679 30.94 14,040 29.83 14,829 28.28

United States .................................... 2,762 34.76 4,403 31.83 5,100 29.94

Total Purchases ............................... 16,441 31.55 18,443 30.24 19,929 28.70

Domestic Purchases:

Australia ............................................ 495 31.41 358 29.40 1,156 24.63

Brazil ................................................. W W 0 — 0 —

Canada ............................................. 1,160 30.18 519 28.79 566 30.77

China ................................................. W W W W W W

France ............................................... 0 — W WW W

Gabon ............................................... W W 0 — 0 —

Germany ........................................... W W W W 0 —

Kazakhstan ....................................... W W W W W W

Namibia ............................................. W W W W W W

Niger ................................................. W W W W 278 31.37

Russia ............................................... 989 33.05 664 36.61 649 36.60

South Africa ...................................... 752 31.09 485 29.95 405 23.36

Tajikistan ........................................... W W 0 — 0 —

Ukraine .............................................. W W W W W W

United Kingdom ................................ W W 0 — 0 —

Uzbekistan ........................................ 961 29.77 W W W W

Yugoslavia ......................................... W W 0 — 0 —

United States .................................... 2,762 34.76 4,403 31.83 5,100 29.94

Total Domestic Purchases ............. 8,324 31.99 8,220 30.90 9,341 29.77

Foreign Purchases:

Australia ............................................ 1,724 29.37 2,457 28.28 3,738 23.73

Bulgaria ............................................. 0 — 0 — W W

Canada ............................................. 4,365 29.87 4,285 29.32 3,456 28.85

China ................................................. 0 — W WW W

Czech Republic ................................. 0 — W W 324 25.71

France ............................................... 0 — WW0 —

Germany ........................................... 0 — WW0 —

Kazakhstan ....................................... W W 0 — 0 —

Mongolia ........................................... W W 0 — 0 —

Namibia ............................................. W W W W W W

Niger ................................................. W W W W 0 —

Russia ............................................... 1,303 35.95 1,764 32.28 1,922 33.39

South Africa ...................................... 226 35.33 560 26.04 497 23.26

Ukraine .............................................. 0 — W WW W

Uzbekistan ........................................ 0 — W WW W

Total Foreign Purchases ................. 8,117 31.10 10,223 29.76 10,587 27.77
72 Energy Information Administration/ Uranium Industry Annual 2000

Table E10. Owners and Operators of U.S. Civilian Nuclear Power Reactors Contracted Purchases

of Uranium from Suppliers, in Effect at the End of 2000, by Delivery Year, 2001-2010

(Metric Tons U Equivalent)

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

6,797 7,956 8,731 11,297 15,528 19,252

3,726 5,026 5,642 7,933 9,368 12,959

4,011 5,262 4,840 6,969 8,850 12,231

3,478 4,357 2,539 4,181 6,017 8,537

1,304 2,025 1,094 2,266 2,399 4,292

279 1,987 735 1,499 1,014 3,485

0 1,569 808 1,490 808 3,059

203 726 125 785 328 1,511

0 1,039 253 296 253 1,334

0 1,569 251 619 251 2,188

19,799 31,516 25,017 37,334 44,816 68,850

Table E9. Average Price and Quantity for Purchased Uranium by Owners and Operators of U.S.

Civilian Nuclear Power Reactors by Pricing Mechanisms, 2000 Deliveries

(Dollars per Kilogram U Equivalent; Metric Tons U Equivalent)

Pricing Mechanisms

Domestic

Purchasesa

Contract-Specified Pricing

 Weighted-Average Price ................................

 Quantity with Reported Price .........................

Spot-Market Pricing

 Weighted-Average Price ................................

 Quantity with Reported Price .........................

Other Pricing

 Weighted-Average Price ...............................

 Quantity with Reported Price ........................

All Pricing Mechanisms

 Weighted-Average Price ................................

 Quantity with Reported Price .........................

 aUranium of both U.S. and foreign origin.

 bUranium of foreign origin only.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Foreign

Purchasesb Total Purchases

32.00 34.09 32.88

6,366 4,620 10,987

23.70 22.24 22.69

1,988 4,451 6,439

25.16 23.77 24.16

451 1,156 1,607

29.77 27.77 28.70

8,805 10,227 19,033

Purchases from U.S.

Suppliers

Purchases from Foreign

Suppliers

Purchases from All

Suppliers

Year of Delivery Minimum Maximum

2001 ..............................................

2002 ..............................................

2003 ..............................................

2004 ..............................................

2005 ..............................................

2006 ..............................................

2007 ..............................................

2008 ..............................................

2009 ..............................................

2010 ..............................................

Total ..............................................

Minimum Maximum Minimum Maximum
Energy Information Administration/ Uranium Industry Annual 2000 73

Table E11. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S.

Civilian Nuclear Power Reactors, 2001-2010, as of December 31, 2000

(Metric Tons U Equivalent)

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (2000).

Year

Enrichment Feed

Unfilled Requirements Deliveries

Table E13. Uranium in Fuel Assemblies Loaded into U.S. Civilian Nuclear Power Reactors by Year,

1996-2000

(Metric Tons U Equivalent)

Table E12. Owners and Operators of U.S. Civilian Nuclear Power Reactors Deliveries of Uranium

Feed by Enrichment Country and Delivery Year, 1998-2000

(Metric Tons U Equivalent)

 aSpecific country in Europe was not reported in the 2000 survey.

 W=Data withheld to avoid disclosure. — = Not applicable.

 Note: Totals may not equal sum of components because of independent rounding.

 Sources: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1998-2000).

 P = Preliminary data. Final 1999 fuel assembly data reported in the 2000 survey.

 Notes: Includes only unirradiated uranium in new fuel assemblies loaded into reactors during the year. Does not include uranium removed from reactors

that subsequently will be reloaded. Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1997-2000).

Enrichment Plant

Location

ForeignOrigin Total

Actual Deliveries in 1998

U.S.-

Origin

ForeignOrigin Total

Actual Deliveries in 1999

U.S.-

Origin

ForeignOrigin Total

Actual Deliveries in 2000

U.S.-

Origin

0 0 0 0 W W 0 298 298

W W 1,189 107 1,921 2,028 214 1,417 1,632

W W 960 0 533 533 W W 850

W W 560 0 W W W W 628

0 555 555 0 437 437 W W 760

W W 885 69 1,293 1,362 151 2,354 2,505

—— — W W 604

449 3,700 4,149 176 4,648 4,823 479 6,799 7,278

1,796 9,683 11,479 2,409 9,657 12,066 3,566 7,560 11,126

2,244 13,384 15,628 2,585 14,304 16,889 4,045 14,359 18,404

Domestic-Origin Uranium .............................

Foreign-Origin Uranium ................................

Total ..............................................................

Origin of Uranium 2000P 1996

3,393 4,283 2,842 4,071 4,440

14,359 14,258 11,851 18,557 15,337

17,752 18,542 14,693 22,627 19,777

1997 1998 1999

19,252 3,035 22,287 20,073

12,959 3,569 16,528 18,612

12,231 7,941 20,172 22,433

8,537 10,436 18,973 20,442

4,292 14,882 19,173 18,991

3,485 17,146 20,632 20,272

3,059 18,884 21,943 21,786

1,511 17,149 18,660 18,660

1,334 19,471 20,805 20,780

2,188 18,037 20,226 19,957

68,850 130,551 199,401 202,007

Maximum Under

Purchase Contracts

Maximum Anticipated Market

Requirements

2001 ..........

2002 ..........

2003 ..........

2004 ..........

2005 ..........

2006 ..........

2007 ..........

2008 ..........

2009 ..........

2010 ..........

Total ..........

China ......................

France ....................

Germany ................

Netherlands ...........

Russia ....................

United Kingdom .....

Europea

 (France, Germany, Netherlands, or United Kingdom) .....

Foreign Total .........

United States .........

Total .......................
74 Energy Information Administration/ Uranium Industry Annual 2000

Table E14. Foreign Purchases of Uranium by U.S. Suppliers and Owners and Operators of U.S.

Civilian Nuclear Power Reactors by Delivery Year, 1996-2000

(Metric Tons U Equivalent; Dollars per Kilogram U Equivalent)

Note: Totals may not equal sum of components because of independent rounding.

Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Actual Deliveries

Table E15. U.S. Broker and Trader Purchases of Uranium by Origin, Supplier, and Delivery Year,

1996-2000

(Metric Tons U Equivalent; Dollars per Kilogram U Equivalent)

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

1,817 1,216 1,051 1,270 1,140

36.15 33.23 35.09 33.40 28.38

7,896 6,347 8,341 7,185 5,997

32.02 27.71 28.08 24.41 21.93

9,714 7,563 9,392 8,455 7,138

32.79 28.60 28.87 25.76 22.96

6,853 6,040 8,328 7,400 6,079

30.62 27.84 28.01 24.96 22.39

8,365 7,856 8,695 8,077 6,687

30.62 27.58 27.29 24.49 21.96

9,107 8,672 8,117 10,223 10,587

37.47 33.52 31.10 29.76 27.77

17,471 16,528 16,812 18,300 17,275

34.19 30.69 29.08 27.42 25.58

Received U.S.-Origin Uranium:

 Purchases .........................................................

 Weighted-Average Price ...................................

Received Foreign-Origin Uranium:

 Purchases .........................................................

 Weighted-Average Price ...................................

Total Received by U.S. Brokers and Traders:

 Purchases .........................................................

 Weighted-Average Price ...................................

Received from Foreign Suppliers:

 Purchases .........................................................

 Weighted-Average Price ...................................

Actual Deliveries 1996 1997 1998 1999 2000

1996 1997 1998 1999 2000

U.S. Suppliers:

 Foreign Purchases .....................................

 Weighted-Average Price ............................

Owners and Operators of U.S. Civilian

 Nuclear Power Reactors:

 Foreign Purchases .....................................

 Weighted-Average Price ............................

Total:

 Foreign Purchases .....................................

 Weighted-Average Price ............................
Energy Information Administration/ Uranium Industry Annual 2000 75

Table E16. Foreign Sales of Uranium from U.S. Suppliers and Owners and Operators of U.S.

Civilian Nuclear Power Reactors by Origin and Delivery Year, 1996-2000

(Metric Tons U Equivalent; Dollars per Kilogram U Equivalent)

 Notes: "Other U.S. Suppliers" are U.S. converters, enrichers, and fabricators. Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1996-2000).

Table E17. Inventories of Natural and Enriched Uranium as of End of Year, 1996-2000

(Metric Tons U Equivalent)

1996 1998 1997 1999 2000

1,909 2,489 1,502 1,460 402

44.76 38.51 40.94 35.36 35.36

2,516 4,045 4,297 1,814 4,821

30.98 28.35 27.98 28.39 21.04

4,425 6,535 5,798 3,273 5,223

36.92 32.22 31.33 31.11 22.04

2,131 3,302 1,756 1,447 911

40.80 33.94 37.41 37.91 30.20

2,294 3,233 4,042 1,827 4,312

33.32 30.46 28.70 26.84 20.95

Type of Uranium Inventory 2000P

Inventories at the End of the Year

1996 1997 1998 1999

25,421 25,339 25,294 22,406 21,496

16,230 18,126 16,175 17,217 14,218

9,191 7,213 9,119 5,188 7,278

5,365 15,524 27,207 26,482 21,715

4,989 3,952 13,474 11,335 4,853

377 11,572 13,733 15,147 16,862

30,786 40,864 52,501 48,888 43,211

41,731 20,478 9,406 20,407 20,407

32,007 20,478 9,406 20,407 20,407

9,724 0 0 0 0

Actual Deliveries to Foreign Suppliers and Utilities

U.S.-Origin Uranium:

 Foreign Sales ..................................................................

 Weighted-Average Price .................................................

Foreign-Origin Uranium:

 Foreign Sales ..................................................................

 Weighted-Average Price .................................................

Total Sent:

 Foreign Sales ................................................................

 Weighted-Average Price ...............................................

From U.S. Producers, Owners and Operators of U.S. Civilian

 Nuclear Power Reactors, and other U.S. Suppliers:

 Foreign Sales ..................................................................

 Weighted-Average Price .................................................

From U.S. Brokers and Traders:

 Foreign Sales ..................................................................

 Weighted-Average Price .................................................

Owners and Operators of U.S. Civilian

 Nuclear Power Reactors Inventories ...........

 Natural Uranium .............................................

 Enriched Uraniuma .........................................

U.S. Supplier Inventoriesb .............................

 Natural Uranium .............................................

 Enriched Uraniuma .........................................

 Total Commercial Inventories ...................

DOE-Owned and USEC-Held Inventoriesc ...

 Natural Uranium .............................................

 Enriched Uranium ..........................................

 aIncludes amounts reported as inventories of enriched UF6

 at enrichment suppliers. bIncludes inventories owned by the 1998 privatized USEC, Inc. (United States Enrichment Corporation) for year-end 1997 through 2000 only. cDOE-owned inventories reported by the U.S. Department of Energy. For year-end 1996, includes the held inventories of the United States Enrichment

Corporation (USEC), then a wholly-owned U.S. government corporation. After privatization in July 1998, USEC Incorporated reported its owned inventories,

and are included with the commercial inventories of U.S. suppliers.

 P=Preliminary data. Final 1999 inventory data reported in the 2000 survey.

 Note: Totals may not equal sum of components because of independent rounding.

 Source: Energy Information Administration, Form EIA-858, "Uranium Industry Annual Survey" (1997-2000).
 Glossary
Energy Information Administration/ Uranium Industry Annual 2000 79

Glossary

Contract-specified price: The delivery price

determined when a contract is signed. It can be a

fixed price or a base price escalated according to a

given formula.

Conventional mill (uranium): A facility engineered

and built principally for processing of uraniferous

ore materials mined from the earth and the recovery,

by chemical treatment in the mill’s circuits, of

uranium and/or other valued coproduct components

from the processed ore.

Cost model for undiscovered resources: A

computerized algorithm that uses the uranium

endowment estimated for a given geological area and

selected industry economic indexes to develop

random variables that describe the undiscovered

resources ultimately expected to be discovered in

that area at chosen forward-cost categories.

Cutoff grade: The lowest grade, in percent U3

O8,

of uranium ore at a minimum specified thickness

that can be mined at specified cost.

Development drilling: Drilling done to determine

more precisely size, grade, and configuration of an

ore deposit subsequent to the time the determination

is made that the deposit can be commercially

developed.

Domestic: Domestic means within the 50 States,

District of Columbia, Puerto Rico, the Virgin Islands,

Guam, and other U.S. Possessions. The word

“domestic” is used also in conjunction with data and

information that are compiled to characterize a

particular segment or aspect of the uranium industry

in the United States.

Domestic purchase: A uranium purchase from a

firm located in the United States.

Domestic sale: A uranium sale to a firm located in

the United States.

Domestic uranium industry: Collectively, those

businesses (whether U.S. or foreign-based) that

operate under the laws and regulations pertaining

to the conduct of commerce within the United States

and its territories and possessions and that engage

in activities within the United States, its territories,

and possessions specifically directed toward

uranium exploration, development, mining, and

milling; marketing of uranium materials;

enrichment; fabrication; or acquisition and

management of uranium materials for use in

commercial nuclear power plants.

Enriched uranium: Uranium in which the 235U

isotope concentration has been increased to greater

than the 0.711 percent 235U (by weight) present in

natural uranium.

Enrichment feed deliveries: Uranium that is

shipped under contract to a supplier of enrichment

services for use in preparing enriched uranium

product to a specified 235U concentration and that

ultimately will be used as fuel in a nuclear reactor.

Enrichment services: (See Separative Work Units).

Exploration drilling: Drilling done in search of new

mineral deposits, on extensions of known ore

deposits, or at the location of a discovery up to the

time when the company decides that sufficient ore

reserves are present to justify commercial

exploitation. Assessment drilling is reported as

exploration drilling.

Fabricated fuel: Fuel assemblies composed of an

array of fuel rods loaded with pellets of enriched

uranium dioxide.

Foreign purchase: A uranium purchase of foreignorigin uranium from a firm located outside of the

United States.
80 Energy Information Administration/ Uranium Industry Annual 2000

Foreign sale: A uranium sale to a firm located

outside the United States.

Forward costs (uranium): The operating and

capital costs that will be incurred in any future

production of uranium from in-place reserves.

Included are costs for labor, materials, power and

fuel, royalties, payroll taxes, insurance, and general

and administrative costs that are dependent upon the

quantity of production and, thus, applicable as

variable costs of production. Excluded from forward

costs are prior expenditures, if any, incurred for

property acquisition, exploration, mine development,

and mill construction, as well as income taxes, profit,

and the cost of money. Note: By use of forward

costing, estimates of reserves for ore deposits in

differing geological settings can be aggregated and

reported as the maximum amount that can

theoretically be extracted to recover the specified

costs of uranium oxide production under the listed

forward cost categories.

Heap leach solutions: The separation, or dissolvingout, from mined rock of the soluble uranium

constituents by the natural action of percolating a

prepared chemical solution through mounded

(heaped) rock material. The mounded material

usually contains low grade mineralized material and/

or waste rock produced from openpit or underground

mines. The solutions are collected after percolation

is completed and processed to recover the valued

components.

In Situ Leach mining (ISL): The recovery, by

chemical leaching, of the valuable components of

an orebody without physical extraction of the ore

from the ground. Also referred to as “solution

mining.”

Long-term contract: One or more deliveries to

occur after a year following contract execution.

Milling of uranium: The processing of uranium

from ore mined by conventional methods, such as

underground or openpit, to separate the uranium from

the undesired material in the ore.

National Uranium Resource Evaluation (NURE):

A program begun by the U.S. Atomic Energy Commission (AEC) in 1974 to make a comprehensive

evaluation of U.S. uranium resources and continued

through 1983 by the AEC’s successor agencies, the

Energy Research and Development Administration

(ERDA) and the Department of Energy (DOE). The

NURE program included aerial radiometric and

magnetic surveys, hydrogeochemical and stream

sediment surveys, geologic drilling in selected areas, geophysical logging of selected boreholes, and

geologic studies to identify and evaluate geologic

environments favorable for uranium.

Nonconventional plant (uranium): A facility

engineered and built principally for processing of

uraniferous solutions that are produced during in situ

leach mining, from heap leaching, or in the

manufacture of other commodities, and the recovery,

by chemical treatment in the plant’s circuits, of

uranium from the processed solutions.

Nuclear electric power (nuclear power):

Electricity generated by an electric power plant

whose turbines are driven by steam produced by the

heat from the fission of nuclear fuel in a reactor.

Nuclear reactor: An apparatus in which a nuclear

fission chain reaction can be initiated, controlled,

and sustained at a specific rate. A reactor includes

fuel (fissionable material), moderating material to

control the rate of fission, a heavy-walled pressure

vessel to house reactor components, shielding to

protect personnel, a system to conduct heat away

from the reactor, and instrumentation for monitoring

and controlling the reactor’s systems.

Optional delivery commitment: A provision to

allow the conditional purchase or sale of a specific

quantity of material in addition to the firm quantity

in the contract.

Person Year: One whole year, or fraction thereof,

worked by an employee, including contracted

manpower. It is expressed as a quotient (to two

decimal places) of the time units worked during a

year (hours, weeks, or months) divided by the like
Energy Information Administration/ Uranium Industry Annual 2000 81

total time units in a year. For example: 80 hours

worked is 0.04 (rounded) of a person year; 8 weeks

worked is 0.15 (rounded) of a person year; 12 months

worked is 1.0 person year. Contracted manpower

includes survey crews, drilling crews, consultants,

and other persons who worked under contract to

support your firm’s ongoing operations.

Processing of uranium: Uranium-recovery

operations at a mill, in-situ leach plant, byproduct

plant, or other type of recovery operation.

Reclamation: Process of restoring surface

environment to acceptable pre-existing conditions.

Includes surface contouring, equipment removal,

well plugging, revegetation, etc.

Reserve Cost Categories of $15, $30, $50, and

$100 per Pound U3

O8: Classification of uranium

reserves estimated by using break-even cutoff grades

that are calculated based on forward-operating costs

of less than $15, $30, $50, and $100 per pound U3O8.

Restoration: The returning of all affected

groundwater to its premining quality for its

premining use by employing the best practical

technology.

Separative Work Units (SWU): The standard

measure of enrichment services. The effort expended

in separating a mass F of feed of assay xf

 into a mass

P of product assay xp and waste of mass W and assay

xw is expressed in terms of the number of separative

work units needed, given by the expression

SWU = WV(xw) +PV(xp

)-FV(xf),

where V(x) is the “value function,” defined as

V(x) = (1-2x) ln ((1-x) /x).

Spot contract: A one-time delivery of the entire

contract to occur within one year of contract

execution.

Spot market: Buying and selling of uranium for

immediate or very near-term delivery. It typically

involves transactions for delivery of up to 500,000

pounds U3

O8 within a year of contract execution.

Spot-market price: A transaction price concluded

“on the spot,” that is, on a one-time, prompt basis.

The transaction usually involves only one specific

quantity of product. This contrasts with a termcontract sale price, which obligates the seller to

deliver a product at an agreed frequency and price

over an extended period.

Unfilled requirements: Requirements not covered

by usage of inventory or supply contracts in existence

as of January 1 of the survey year.

Uranium: A heavy, naturally radioactive, metallic

element (atomic number 92). Its two principally

occurring isotopes are 235U and 238U. The isotope 235U is indispensable to the nuclear industry because

it is the only isotope existing in nature to any

appreciable extent that is fissionable by thermal

neutrons. The isotope 238U is also important because

it absorbs neutrons to produce a radioactive isotope

that subsequently decays to the isotope 239Pu, which

also is fissionable by thermal neutrons.

Uranium concentrate: A yellow or brown powder

obtained by the milling of uranium ore, processing

of in situ leach mining solutions, or as a byproduct

of phosphoric acid production.

Uranium deposit: A discrete concentration of

uranium mineralization that is of possible economic

interest.

Uranium endowment: The uranium that is

estimated to occur in rock with a grade of at least

0.01 percent U3

O8. The estimate of the uranium

endowment is made before consideration of

economic availability and any associated uranium

resources.
82 Energy Information Administration/ Uranium Industry Annual 2000

Uranium hexafluoride (UF6): A white solid

obtained by chemical treatment of U3

O8 and which

forms a vapor at temperatures above 56 degrees

Centigrade. UF6

 is the form of uranium required for

the enrichment process.

Uranium ore: Rock containing uranium

mineralization in concentrations that can be mined

economically, (typically 1 to 4 pounds of U3

O8 per

ton or 0.05 to 0.20 percent U3O8).

Uranium oxide: Uranium concentrate or

yellowcake. Abbreviated as U3

O8.

Uranium property: A specific tract of land with

known uranium reserves that could be developed for

mining.

Uranium reserves: Estimated quantities of uranium

in known mineral deposits of such size, grade, and

configuration that the uranium could be recovered

at or below a specified production cost with currently

proven mining and processing technology and under

current law and regulations. Reserves are based on

direct radiometric and chemical measurements of

drill hole and other types of sampling of the deposits.

Mineral grades and thickness, spatial relationships,

depths below the surface, mining and reclamation

methods, distances to milling facilities, and

amenability of ores to processing are considered in

the evaluation. The amounts of uranium in ore that

could be exploited within the chosen forward-cost

levels are estimated utilizing available sampling,

engineering, geologic, and economic data in

accordance with conventional engineering practices.

Uranium resources categories: Three categories of

uranium resources are used to reflect differing levels

of confidence in the resources reported. Reasonably

assured resources (RAR), estimated additional

resources (EAR), and speculative resources (SR) are

described below.

Reasonably assured resources (RAR): The

uranium that occurs in known mineral deposits

of such size, grade, and configuration that it

could be recovered within the given production

cost ranges, with currently proven mining and

processing technology. Estimates of tonnage and

grade are based on specific sample data and

measurements of the deposits and on knowledge

of deposit characteristics. RAR correspond to

DOE’s uranium reserves category.

Estimated additional resources (EAR): The

uranium in addition to RAR that is expected to

occur, mostly on the basis of direct geological

evidence, in extensions of well-explored

deposits, little explored deposits, and

undiscovered deposits believed to exist along

well-defined geological trends with known

deposits, such that the uranium can subsequently

be recovered within the given cost ranges.

Estimates of tonnage and grade are based on

available sampling data and on knowledge of

the deposit characteristics, as determined in the

best-known parts of the deposit or in similar

deposits. EAR correspond to DOE’s probable

potential resources category.

Speculative resources (SR): Uranium in

addition to EAR that is thought to exist, mostly

on the basis of indirect evidence and geological

extrapolations, in deposits discoverable with

existing exploration techniques. The locations

of deposits in this category can generally be

specified only as being somewhere within given

regions or geological trends. The estimates in

this category are less reliable than estimates of

RAR and EAR. The category of SR corresponds

to DOE’s possible potential resources plus

speculative potential resources categories

combined.

Usage Agreement: Contracts held by enrichment

customers that allow feed material to be stored at

the enrichment plant site in advance of need.

Yellowcake: A natural uranium concentrate that

takes its name from its color and texture. Yellowcake

typically contains 70 to 90 percent U3

O8 by weight.

It is used as feedstock for uranium fuel enrichment

and fuel pellet fabrication.