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Uranium Marketing Annual Report                                          
Data for: 2006
Release Date: May 16, 2007
Next Release: May 16, 2008

Uranium Purchases and Prices

Owners and operators of U.S. civilian nuclear power reactors purchased a total of 67 million pounds U3O8e (uranium oxide equivalent) of deliveries from U.S. and foreign suppliers during 2006. The weighted-average price paid was $18.61 per pound U3O8e, an increase of 30 percent compared with the 2005 price. Approximately 16 percent of all uranium purchased was U.S.-origin at an average price of $17.85 per pound U3O8e. Foreign-origin uranium accounted for 56 million pounds (84 percent) of the deliveries at an average price of $18.75 per pound. Owners and operators of U.S. civilian nuclear power reactors purchased uranium with 2006 deliveries from 21 suppliers[1]. During 2006, 10 percent of the purchased uranium involved spot contracts, and the remaining 90 percent involved long-term contracts. The average price for spot contracts was $39.48 per pound, but for long-term contracts it was $16.38 per pound U3O8e. Long-term contracts include those with one or more deliveries a year following contract execution (signed date) and as such may reflect some agreements of short and medium terms as well as longer term.

1994-2006 Data:
Uranium Purchased by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006
Figure S1. Uranium Purchased by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006 Deliveries Figure S2. Weighted-Average Price of U.S. and Foreign-Origin Uranium Purchased by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006 Deliveries


2003-2006 Data:
Suppliers and Origins: Table 1 and Figures 1 and 2 Table 2 and Figures 3 and 4 Table 3 and Figure 5
Material and Contract Types: Table 4 and Figure 6 Table 7
Pricing Mechanisms Distributions: Table 5 and Figure 7 Tables 6a and 6b



New and Future Uranium

For 26 new purchase contracts signed in 2006, consisting of 23 new spot contracts and 3 new long-term contracts, the quantity of uranium delivered in 2006 was 6 million pounds U3O8e and the average price was $43.77 per pound. As of the end of 2006, cumulative unfilled uranium requirements for U.S. civilian nuclear reactors for 2007 through 2016 were reported to be 276 million pounds U3O8e. The quantity of maximum deliveries of uranium for the same period under existing purchase contracts totaled 204 million pounds. These contracted deliveries and unfilled requirements combined represent the maximum anticipated market requirements for uranium. The total 10-year maximum requirements, as of year-end of 2006, were 480 million pounds U3O8e.

2006-2016 Data:
2006 Contracted Purchases and Future Deliveries of Uranium by Owners and Operators of U.S. Civilian Nuclear Power Reactors, as of 12/31/2006
Figure 9. Minimum Contracted Purchases of Uranium from Suppliers by Owners and Operators of U.S. Civilian Nuclear Power Reactors, in Effect at the End of 2006, by Delivery Year, 2007-2013 Figure 11. Maximum Anticipated Uranium Market Requirements of Owners and Operators of U.S. Civilian Nuclear Power Reactors, 2007-2016, as of December 31, 2006

Purchase Contracts Signed in 2006: Table 8 Table 9 and Figure 8
Future Deliveries and Unfilled Requirements: Table 10 and Figure 9 Table 11 and Figure 10 Table 12 and Figure 11


Uranium Feed, Enrichment Services, Fuel Assemblies Loaded

In 2006, owners and operators of U.S. civilian nuclear power reactors delivered 57 million pounds U3O8e of natural uranium feed to U.S. and foreign enrichers. In addition, 13 million separative work units (SWU) were purchased under enrichment services contracts from 5 sellers in 2006[2]. Reported for the first time, the average price for the 13 million SWU was $106.57 per SWU purchased by the owners and operators of U.S. civilian nuclear power reactors. The U.S.-origin SWU share was 12 percent and foreign-origin SWU accounted for the remaining 88 percent. Uranium in fuel assemblies loaded into U.S. civilian nuclear power reactors during 2006 contained 51.5 million pounds U3O8e.

1994-2006 Data:
Uranium Feed Deliveries, Enrichment Services, and Uranium Loaded by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006
Figure S3. Uranium Loaded into U.S. Civilian Nuclear Power Reactors, 1994-2006 Figure S4. Uranium Enrichment Services Purchased by Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006

2002-2006 Data:
Uranium Feed for Enrichment: Table 13 and Figure 12 Table 14 and Figure 13 Table 15 and Figure 14
Purchased Enrichment Services (SWU): Table 16 and Figure 15 Table 17
Loaded Uranium: Table 18 and Figure 16



Uranium Foreign Purchases/Sales and Inventories

U.S. suppliers (brokers, converters, enrichers, fabricators, producers, and traders) and owners and operators of U.S. civilian nuclear power reactors purchase uranium each year from foreign suppliers. Foreign purchases totaled 65 million pounds U3O8e in 2006, and the average price was $19.31 per pound, which was 30 percent more than in 2005. Also, the U.S. government, U.S. suppliers, and owners and operators of U.S. civilian nuclear power reactors sold uranium to foreign suppliers. Foreign sales totaled 19 million pounds U3O8e in 2006, and the average price was $32.87 per pound (59 percent higher than the 2005 price). Year-end commercial uranium inventories represent ownership of uranium in different stages of the nuclear fuel cycle (in-process for conversion, enrichment, or fabrication) at domestic or foreign nuclear fuel facilities. Commercial uranium inventories owned at the end of the year by owners and operators of U.S. civilian nuclear power reactors in 2006 was 78 million pounds U3O8e, an increase of 21 percent from year-end 2005. Overall, U.S. commercial inventories (including inventories owned by U.S. brokers, converters, enrichers, fabricators, producers, and traders) totaled 107 million pounds as of the end of 2006.



1994-2006 Data:
Foreign Purchases, Foreign Sales, and Uranium Inventories by U.S. Suppliers and Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006
Figure S5. Weighted-Average Price of Foreign Purchases and Foreign Sales of Uranium, 1994-2006 Figure S6. Total Commercial Uranium Inventories of U.S. Suppliers and Owners and Operators of U.S. Civilian Nuclear Power Reactors, 1994-2006

2002-2006 Data:
Foreign Purchases and Sales: Table 19 and Figure 17 Table 20 and Figure 18 Table 21 and Figure 19
Commercial Inventories: Table 22 and Figures 20 and 21 Table 23

(All Figures and Tables also available in printer-friendly format )
Uranium Data Tables and Figures
Formats
Uranium Purchases
  by Supplier (Table 1.) html    pdf
    Figure 1. html    pdf
    Figure 2. html    pdf
  by Origin (Table 2.) html    pdf
    Figure 3. html    pdf
    Figure 4. html    pdf
  by Origin Country (Table 3.) html    pdf
    Figure 5. html    pdf
  by Origin and Material Type (Table 4.) html    pdf
    Figure 6. html    pdf
Price Mechanisms, Distributions and Contract Types
  by Pricing Mechanisms (Table 5.) html    pdf
    Figure 7. html    pdf
  by Price Distributions (Tables 6a. and 6b.) html    pdf
  by Contract Type (Table 7.) html    pdf
New Purchases
  Contracts Signed in 2006 (Table 8.) html    pdf
  Signed in 2006, by Delivery Year, 2007-2016     (Table 9.) html    pdf
    Figure 8. html    pdf
Future Deliveries
  In Effect at the End 2006 (Table 10.) html    pdf
    Figure 9. html    pdf
  Unfilled Requirements (Table 11.) html    pdf
    Figure 10. html    pdf
  Maximum Anticipated Market Requirements    (Table 12.) html    pdf
    Figure 11. html    pdf
Feed for Enrichment
  by Enrichment Country (Table 13.) html    pdf
    Figure 12. html    pdf
  by Origin Country (Table 14.) html    pdf
    Figure 13. html    pdf
  Shipments to Enrichment Suppliers, 2007-   2016 (Table 15.) html    pdf
    Figure 14. html    pdf
SWU
  Enrichment Services by Origin Country (Table 16.) html    pdf
    Figure 15. html    pdf
  Enrichment Services by Contract Type    (Table 17.) html    pdf
Loaded Uranium
  in Fuel Assemblies (Table 18.) html    pdf
    Figure 16. html    pdf
Foreign Purchases and Sales
  Foreign Purchases (Table 19.) html    pdf
    Figure 17. html    pdf
  U.S. Broker and Trader Purchases (Table 20.) html    pdf
    Figure 18. html    pdf
  Foreign Sales (Table 21.) html    pdf
     Figure 19. html    pdf
Commercial Inventories
  Natural and Enriched (Table 22.) html    pdf
    Figure 20. html    pdf
    Figure 21. html    pdf
  Uranium by Owner (Table 23.) html    pdf


Other Reports
  Domestic Uranium Production Report - Quarterly
  2005 Uranium Market Annual Report
  2006 Domestic Uranium Production Report
  Archive



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