Jan 18, 2021 these are among the main findings of the latest edition of uranium resources, production and demand, also known as the red book, an essential global reference prepared jointly on a biennial basis by nea and iaea. However, geological indications reported in the red book suggest that uranium resources could be 1. It is based on official information received from 43 countries. Global uranium resources to meet projected demand iaea. Iaea 20 classification of uranium deposits the 20 iaea classification is a combination between the iaea classification used in the red book since 1991 and the dahlkamp 1993, 2009 classifications. Red book sees production capacity as future uranium. It is based on information compiled in 40 countries, including those that are major producers and consumers of uranium. Uranium resources, production and demand, otherwise known as the red book.
Uranium resources enough to support sustainable use of nuclear energy. The typical annual production of natural uranium worldwide is between 55,000 and 65,000 tons of uranium metal equivalent. New iaea data shows no shortage of uranium for global. Energy agency nea and the international atomic energy agency iaea. Nea and international atomic energy agency iaea joint report on uranium resources, production and demand. Nuclear energy agency and the international atomic energy agency. Red book series a history of resource and mine development, changing supply and demand situation. Iaea concluded that the uranium resource base described in the red book is more than adequate to meet low and high case uranium demand through 2040 and beyond. Nuclear energy agency nea uranium resources, production. Iaea this talk assessment of uranium resources, production and demand who we are iaea section iaeanea red book 2011 latest figures iaea support of good practices in the uranium production cycle how we support the provision of future uranium supplies inpro 2012, vienna, 307382012 2.
The 26 th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the. In 2018, the 450 commercial nuclear power reactors in operation worldwide, with a net generating capacity of 396 gwe, required about 59,200 tu annually. Uranium resources production and demand the red book. New categories which will be used in the red book 2005.
However, scientific literature of uranium geology does not coincide. Uranium resource availability to support global expansion of. The 2018 red book offers updated information on established uranium production centres and mine development plans, as well as projections of nuclear generating capacity and reactorrelated requirements through 2035, in order to address long term uranium supply and demand issues. Iaea reports slowed uranium production, exploration could. Uranium is the primary component of nuclear power reactors fuel and must be managed properly in a safe and sustainable manner. Uranium resources enough to support sustainable use of. Mar 27, 2021 the red book also provides projections for nuclear power generation uranium requirements through 2040. The red book shows that global uranium resources have increased, but. New edition of red book uranium report is published iaea. Uranium in mongolia mongolia uranium world nuclear. Published every other year, uranium resources, production, and demand, or the red book as it is commonly known, is jointly prepared by the oecd nuclear energy agency and the international atomic energy agency. Dec 24, 2020 the red book also provides projections for nuclear power generation uranium requirements up to 2040, as well as a comprehensive assessment of the uranium supply and demand relationship.
The latest edition of the oecd nuclear energy agency nea and international atomic energy agency iaea joint report on uranium resources. The report provides analyses and information from 49 uranium producing and consuming countries. Resource distribution according to the oecdiaea red book uranium 2007, the identified resources a sum of reasonably assured and inferred resources of uranium that can be mined for less than 12 ethics and nuclear energy technology 80 usd per kilogram uranium metal tu. The nea publishes every year with the iaea a document called the nea red book uranium resource production and demand. Worlds uranium resources enough for the foreseeable. It is the recognised world reference on uranium and is based on official information received from 43 countries. Uranium resources, production and demand, also familiarly known as the red book, is a biennial publication produced jointly by the nea and the iaea under the auspices of the joint neaiaea uranium group. The red book shows that global uranium resources have increased, but more modestly than in previous years. This 27th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the international atomic energy agency iaea, provides analyses and information from 41 producing and consuming countries in order to address these and other questions. Resources evaluation project, mineralization, uranium exploration, red book, uranium potential. The international atomic energy agency provides two main sources of uranium resource information. World uranium spot prices and exploration expenditures, as reported in the red book of the international atomic energy agency iaea. Red book says identified uranium resources are enough for. Such updates have been published in what are commonly known as the red books.
Resource distribution according to the oecd iaea red book uranium 2007, the identified resources a sum of reasonably assured and inferred resources of uranium that can be mined for less than 12 ethics and nuclear energy technology 80 usd per kilogram uranium metal tu. Pdf world uranium geology, exploration, resources and. The red book the red book is a document published by the european union and the international atomic energy agency every two years, and it gives the official uranium resources reported by every member country, according to specified categories. The red book, jointly prepared by the oecd nuclear energy agency nea and the international atomic energy agency iaea, was first published in 1965 and has since grown to be a recognised world reference on uranium. Dec 23, 2020 furthermore, planned uranium production cuts in early 2020 were deepened by the onset of the covid19 pandemic, and its effects could be felt through 2021 and beyond. Plans for florida extend only to 400 tuyear at this stage. While nuclear capacity projections vary from region to region, growth in the nuclear sector and uranium requirements are projected to be the largest in the east asia region. Adequate uranium to meet demand, latest red book concludes. Since 2008 russia has reestablished its position in developing northeastern mongolian uranium deposits. Global uranium supply can meet projected demand, nea and. Jan 01, 2016 uranium resources in the red book are classified by a twodimensional system of geological certainty and production costs.
Vienna, austria the 26 th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the international atomic energy agency iaea, was published today. As the only governmentsponsored publication tracking world trends and developments in uranium. Global uranium supply can meet projected demand, nea and iaea. Uranium resources, production, and demand, or the red book as. Nuclear energy agency nea worlds uranium resources. Uranium resources, production and demand iaeanei red. Uranium reserves global reserves of uranium are highly dependent on the cost of extraction the iaea red book detailed that 2017 reasonably assured resources of uranium were 7 thousand tonnes with a recovery cost of red book is done. Resources, production and demand was published on 30 november. Red book says identified uranium resources are enough for 5. Worlds uranium resources enough for the foreseeable future.
It is the 26th edition of the report, currently updated every two years, and provides a reflection of information current as of 1 january 2015. World uranium geology, exploration, resources and production. Geology of uranium deposits world nuclear association. The latest edition of the oecd nuclear energy agency nea and international atomic energy agency iaea joint report on uranium resources, production and demand the red book published on 23 december, shows that global uranium resources have increased, but less than in previous years. Resources, production and demand, the 25th edition of the red book, is a recognised world reference on uranium jointly prepared by the oecdnea and the iaea.
The red book, jointly prepared by the oecd nuclear energy agency and the international atomic energy agency, is a recognised world reference on uranium. Resources, production and demand, commonly known as the red book, with editions in 1965, 1. In february 2017 an agreement with kazatomprom to help mongolia in uranium exploration, mining and treatment was announced. Uranium resources, production and demand, also familiarly known as the red book, is a biennial publication produced jointly by the nea and the iaea under the auspices of the joint nea iaea uranium group. The aforesaid analysis is performed on the basis of data provided by national authorities in a special questionaire sent to all memberstates of the two involved organizations oeco and iaea.
The red book shows that global uranium resources have increased, but more modestly than in previous. The worlds conventional identified uranium resources amounted to 8 070 400 tonnes of uranium metal tu as of 1 january 2019. Dec 23, 2020 the red book shows that global uranium resources have increased, but more modestly than in previous years. Resources, production and demand, commonly referred to as the red book, shows that total identified uranium resources have grown 12.
During the meetings it was agreed that the classification system developed jointly by the iaea and the nuclear energy agency of the oecd, as published in the world report uranium resources, production and demand the red book, should be the international standard for reporting uranium resources. The international atomic energy agency iaea is the worlds central intergovernmental forum for scientific. Welcome to the iaea international network on the uranium production cycle upc net uranium is the primary component of nuclear power reactors fuel and must be managed properly in a safe and sustainable manner. The worlds uranium resources are enough for the foreseeable. With higher uranium prices today, the us resource is being examined again, as is a lowergrade resource in morocco.
Uranium resources, production and demand, also familiarly known as the red book, is a biennial publication produced jointly by the nea and the iaea under. Sufficient uranium resources exist to support sustainable use. Uranium resources, production and demand red book inpro, 27 august 2014 recognized source for global resource information longstanding oecdnea and iaea cooperation published every 2 years a snapshot of a dynamic system relies principally on input from country representatives nominated by governments to the uranium group. Nuclear energy agency nea and the international atomic energy agency iaea have jointly prepared periodic updates currently every two years on world uranium resources, production and demand. Dec, 2018 the 2018 red book offers updated information on established uranium production centres and mine development plans, as well as projections of nuclear generating capacity and reactorrelated requirements through 2035, in order to address long term uranium supply and demand issues. Over the 40 years of its existence, the red book has collected an impressive quantity of official data supplied by governments. Resources, production and demand also called the red book estimates the total identified amount of conventional uranium stock, which can be mined for less than usd per kg, to be about 4. The red book also provides projections for nuclear power generation uranium requirements up to 2040, as well as a comprehensive assessment of the uranium supply and demand relationship. Jul 19, 2010 according to the iaea website, the iaea and oecd will release uranium 2009.
Resources, production and demand the red book tomorrow with a press conference the red book is an essential resource if you want a handy estimate of, well, uranium resources, production and demand. Oecd nuclear energy agency nuclear fuel cycle resources and. Based on the 2004 nuclear electricity generation rate of demand the amount is sufficient for 85 years, the study states. An important result of this cooperation was the development of a classification system used in preparing the inventory of uranium resources published in the world report on uranium. The 26th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the. This classification scheme resulted from efforts to combine resource estimates from a number of different countries into harmonized global figures, with amounts reported as recoverable tonnes of uranium metal tu. Uranium resource availability to support global expansion. Resources, production and demand red book 1 coal including lignite. Resources, production and demand was published yesterday.
The red book online system has been developed with the intent to improve the efficiency of the entry of the data and text used to produce the red book. Welcome to the iaea international network on the uranium production cycle upc net. New iaea data shows no shortage of uranium for global nuclear. It is intended to ultimately replace the use of the paper questionnaire.
This 28th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the international atomic energy agency iaea, provides analyses and information from 45 producing and consuming countries in order to address these and other questions. Pdf is nuclear fission a sustainable source of energy. Red book sees production capacity as future uranium challenge. Global uranium resources have once again increased, but much more modestly so than reported in recent editions, as total identified recoverable resources increased by only 1%. The biannual uranium resources, production and demand, also known as the red book, was first published in 1965 and has since grown to be a recognised. Sufficient uranium resources exist to support the longterm, sustainable.
Published every two years, the report uranium resources, production and demand, commonly referred to as the red book, has become an essential reference document for nuclear planners and policy makers in the international nuclear community. Red book is book about uranium resources published each two years by iaea giving the world overview and situation description state by state. It was the objective of the technical committe meeting on assessment of uranium resources and supply, organized by the iaea and held in vienna. The red book also provides projections for nuclear power generation uranium requirements through 2040, as well as a comprehensive assessment of the uranium supply and demand relationship. Sufficient uranium resources exist to support sustainable. Depending on developments in the nuclear energy sector, reactorrelated uranium requirements could range from 56 640 tuyr in a low demand scenario to 100 224.
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