Survey of United States uranium marketing activity
Technical Report
·
OSTI ID:5168909
In 1979 US buyers contracted for a net increase of 15,400 tons U/sub 3/O/sub 8/ in new procurement after deducting for changes to January 1, 1979, commitments. Export commitments made in 1979 totalled 2800 tons, while import commitments amounted to 1000 tons U/sub 3/O/sub 8/. Buyers' inventories of domestic- and foreign-origin normal and enriched uranium increased to 52,300 tons U/sub 3/O/sub 8/ during 1979, with the larger part of the increase being in enriched uranium. The average price reported for 1979 deliveries was $23.85 per pound of U/sub 3/O/sub 8/. Settlements of market price contracts average $42.55 for 1979 delivery and $45.80 for 1980 delivery. Producers expect to be able to offer 33,700 tons U/sub 3/O/sub 8/ for sale in the 1980-1985 period, about 20% less than was estimated in the 1979 survey. Utilities made sales of 500 tons U/sub 3/O/sub 8/ for 1979-1980 delivery as well as loans of 1600 tons U/sub 3/O/sub 8/ that are to be repaid by 1984; more than half of these sales or loans were made to uranium producers. Reactor manufacturers have sold about 1100 tons U/sub 3/O/sub 8/ since January 1, 1979, and loaned 120 tons. Unfilled requirements have decreased more than 100,000 tons U/sub 3/O/sub 8/ since January 1, 1978, and currently total 75,700 tons U/sub 3/O/sub 8/. Responses to the 1980 survey suggest that there seems to be an adequate supply of uranium to meet US demand at least through 1985.
- Research Organization:
- Department of Energy, Washington, DC (USA). Office of Uranium Resources and Enrichment
- OSTI ID:
- 5168909
- Report Number(s):
- DOE/RA-0053
- Country of Publication:
- United States
- Language:
- English
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