Foreign Direct Investment in U.S. Energy 2006 Contacts | Home

Release Date: June 2009
Next Release Date: February 2010 

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Uranium Production

The production of uranium concentrate in the United States by FDI affiliates increased in 2006 (see table below). Cameco (Canada) produced a record amount of uranium at its U.S. in situ leach mines, while two other Canadian investors combined their companies and increased their combined production by 233 thousand pounds. The share of U.S. uranium concentrate production by foreign producers declined for the third straight year, as domestic producers increased production faster than foreign direct investors (see figure). 

Table 5.  Uranium Concentrate Production* in the United States by FDI-Affiliate Companies, 2005 and 2006
               (Thousand Pounds U3O8)
Foreign Parent (Country) 2005 2006 2005 - 2006 Percent Change
Cameco (Canada) 2,100 2,700 28.6
Denison Mines (Canada) - - 280 - -
International Uranium (Canada) 47 - - -100.0
Total FDI-Affiliate Companies 2,147 2,980 38.8
Total United States 2,689 4,106 52.7
Percent FDI-Affiliate Companies 79.8 72.6 - -
  *By milling operations or in situ leach processing.
   Notes:  - = No data reported.  - - = Not applicable.  E = Estimated.  NM = Not meaningful.  R = Revised data.  ** = number less than 0.5 rounded to zero.  Calculations performed with unrounded data.
   Sources:  Companies:  Company documents.  U.S. Totals:  Energy Information Administration, "Domestic Uranium Production Report," (Washington, DC, May 13, 2008), Table 3, "U.S. Uranium Concentrate Production and Shipments."