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Uranium reserves

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The global uranium reserves with mining costs up to US $ 80 per kilogram amount to about 2 million tonnes. The uranium reserves correspond to an energy equivalent of 28 billion tonnes hard coal when used in light water reactors. The deposits with large uranium reserves which can be mined in a cost-effective way are distributed to many countries.

Country

Uranium
mining
in tonnes

Australia

460,000 t

Canada

426,000 t

Kazakhstan

254,000 t

South Africa

186,000 t

Brazil

112,000 t

Namibia

110,000 t

Uzbekistan

109,000 t

USA

102,000 t

Niger

94,000 t

Russia

75,000 t

These ten countries possess about 96% of the global uranium reserves. With their 2 million tonnes, all 439 world-wide operated nuclear power plants can be supplied for several decades. If mining costs of up to 130 $/kg are taken into consideration the global uranium reserves are increased by further 3 million tonnes. The uranium resources are estimated to be 15 to 20 million tonnes.

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