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Uranium

Nuclear Materials

Uranium U · 92

A heavy, faintly radioactive metal whose nucleus can be split, releasing about two million times more energy per kilogram than burning coal.

Uranium ore and "yellowcake" uranium concentrate at the Gre… · Siarhei Besarab · CC BY-SA 4.0 · Wikimedia Commons

What is it?

A heavy, faintly radioactive metal whose nucleus can be split, releasing about two million times more energy per kilogram than burning coal.

Why does it matter?

Nuclear power supplies roughly a tenth of the world's electricity and around a quarter of its low-carbon electricity, all from this one element.

Deeper written sections for this material have not been published yet. Everything below is drawn straight from the source datasets and is complete.

Read the numbers correctly. Production is quoted as tonnes of uranium metal (tU) or as U3O8; 1 tU = 1.1792 t U3O8. Mixing the two is the classic uranium reporting error. Yellowcake (U3O8) from the mine, then UF6 for enrichment, then UO2 fuel pellets.

Where it comes from in the rock

All ore minerals →

These are the minerals that actually carry uranium. A deposit is only an orebody if one of them is concentrated enough to pay for digging it up.

Price

Uranium, global price

Annual averageUS$ per pound

1995 · 10.78 high 136.2 US$ per pound 2026 · 69.23

Basis: IMF global price of uranium — NUEXCO restricted price, U3O8. Annual averages as published in FRED (IMF primary commodity prices) · source ↗. These are reference annual averages, not a live market quote.

Mines that produce it

All mines →
Cigar Lake
Cigar Lake, Canada — The highest-grade large uranium mine in the world. NRC Chair Christopher Hanson Visits the Cigar…, CC BY 2.0 via Wikimedia Commons

Cigar Lake →

Where it is processed and refined

PlantKind StageCountryRole
Georges Besse II Enrichment Plant Enrichment plantRefining FranceInput
Port Hope Conversion Facility Chemical plantRefining CanadaInput

What it is used for

All end markets →
End marketWhat it does thereImportance
Nuclear Power The fuel Defining

How much of it a technology needs

“Intensity” just means how much material one unit of something contains. These are indicative ranges — real designs vary by maker and model year, and every one of them is falling as engineers learn to use less.
TechnologyQuantity QuotedBasis
Pressurised Water Reactor Depends on enrichment level and tails assay; the loaded fuel is far less. 150.0–250.0 t per GW of capacityNatural uranium needed per year of operation

Indicative range compiled from published technology studies and chemistry; verify against a manufacturer specification before use. Run these numbers at any scale in the material calculator →

Export controls

CountryControlApplies to
RussiaExport ban Steel waste and scrap, tungsten scrap, and enriched uranium (2022). ↗

USGS Mineral Commodity Summaries 2026, table 4 — controls in effect as of January 2026, excluding controls since lifted.

Follow it across the borders

All journeys →

Where a consignment of this material actually goes — every country, every custodian, and what is left behind at each step.

Kazakh uranium to a fuel assembly in a reactor The most tightly watched journey covered here: every kilogram is accounted for, at every border. from Kazakhstan · Sandstone-hosted uranium recovered in situ, no rock…

Traced supply chains

In the news

More →

Bannerman pulls trigger on $353M uranium mine

MINING.COM23 Oct 2026↗

Bannerman pulls trigger on $353M uranium mine

The Northern Miner23 Oct 2026↗

FID sees Etango enter full-scale construction

World Nuclear News23 Oct 2026↗

Uranium Is Near $90 a Pound. Here's My Prediction for What's Ahead for the Fuel.

Fool - Investing News22 Oct 2026↗

Aura aims for final investment decision on Mauritania project this year

World Nuclear News20 Oct 2026↗

Joint venture to produce HALEU in South Africa

World Nuclear News19 Oct 2026↗

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