Peak Uranium - Peak Uranium For Individual Nations

Peak Uranium For Individual Nations

Eleven countries, Germany, the Czech Republic, France, DR Congo, Gabon, Bulgaria, Tajikistan, Hungary, Romania, Spain, Portugal and Argentina, have already peaked their uranium production and exhausted their uranium resources and must rely on imports for their nuclear programs or abandon them. Other countries have reached their peak production of Uranium and are currently on a decline.

• Germany—Between 1946 and 1990, Wismut, the former East German uranium mining company, produced a total of around 220 kilotonnes (490×10^6 lb) of uranium. During its peak, production exceeded 7 kilotonnes (15×10^6 lb) per year. In 1990, uranium mining was discontinued as a consequence of the German unification. The company could not compete on the world market. The production cost of its uranium was three times the world price.

• India—India, having already hit its production peak, is finding itself in making a tough choice between using its modest and dwindling uranium resources as a source to keep its weapons programs rolling or it can use them to produce electricity. Since India has abundant thorium reserves, it is switching to nuclear reactors powered by the thorium fuel cycle.

• Sweden —Sweden started uranium production in 1965 but was never profitable. They stopped mining uranium in 1969. Sweden then embarked on a massive project based on American light water reactors. Nowadays, Sweden imports its uranium mostly from Canada, Australia and the former Soviet Union.

• UK - 1981The U.K.'s uranium production peaked in 1981 and the supply is running out. Yet the UK still plans to build more nuclear power plants.

• France - 1988—In France uranium production attained a peak of 3,394 tonnes (7.48×10^6 lb) in 1988. At the time, this was enough for France to meet the half of its reactor demand from domestic sources. By 1997, production was 1/5 of the 1991 levels. France markedly reduced its market share since 1997. In 2002, France ran out of uranium.

• U.S. - 1980—The United States was the world's leading producer of uranium from 1953 until 1980, when annual US production peaked at 16,810 tonnes (37.1×10^6 lb) (U₃O₈) according to the OECD redbook. According to the CRB yearbook, US production the peak was at 19,822 tonnes (43.70×10^6 lb). The U.S. production hit another maximum in 1996 at 6.3 million pounds (2.9 kt) of uranium oxide (U₃O₈), then dipped in production for a few years. Between 2003 and 2007, there has been a 125% increase in production as demand for uranium has increased. However, as of 2008, production levels have not come back to 1980 levels.

Uranium mining declined with the last open pit mine shutting down in 1992 (Shirley Basin, Wyoming). United States production occurred in the following states (in descending order): New Mexico, Wyoming, Colorado, Utah, Texas, Arizona, Florida, Washington, and South Dakota. The collapse of uranium prices caused all conventional mining to cease by 1992. "In-situ" recovery or ISR has continued primarily in Wyoming and adjacent Nebraska as well has recently restarted in Texas.

• Canada 1959, 2001?—The first phase of Canadian uranium production peaked at more than 12 kilotonnes (26×10^6 lb) in 1959. The 1970s saw renewed interest in exploration and resulted in major discoveries in northern Saskatchewan's Athabasca Basin. Production peaked its uranium production a second time at 12,522 tonnes (27.61×10^6 lb) in 2001. Experts believe that it will take more than ten years to open new mines.