This publication collates and analyses key information drawn from the twenty editions of the red book published between 1965 and 2004, in order to set out a. Uranium resources, production and demand are all on the rise and total identified resources are sufficient for more than 100 years of supply, according to the latest edition of the world reference on uranium, the socalled red book. The only meaningful measure of longterm security of supply is the. Reasonably assured resources losses resulting from miningmilling deducted, and cost categories from 2009 red book.
War, energy, and the rock that shaped the world kindle edition by zoellner, tom. The international atomic energy agency provides two main sources of uranium resource information. However, production has started to decline with 59,342 tu produced in 2017 and further reductions expected in 2018 as major producing countries, including canada and kazakhstan, limit total production in response to the sustained low price of uranium. 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. Nov 30, 2016 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. Iaea red book confirms sufficient global uranium supply abc. 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. Use features like bookmarks, note taking and highlighting while reading uranium. Uranium mines usgs red book speculative resources thorium. According to the oecd redbook, the world consumed 62. Uranium resources production and demand the red book unece. Total world resources of uranium, as with any other mineral or metal, are not known exactly.
The 26th 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 wednesday. The red book, jointly prepared by the oecd nuclear energy agency and the international atomic energy agency, is a recognised world reference source on the uranium industry. The general objectives of the uranium group are to. 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.
In this article, the third part of the future of nuclear energy 6, we analyze the uranium resource data given in the red book. The red book is a highly sanitized report that contains scarcely any of the critical information compiled by, for. Growth of nuclear energy will see uranium demand continue. This red book retrospective was undertaken to collect, collate, analyse and publish all. The red book, jointly prepared by the oecd nuclear energy agency and the international atomic energy agency, is a recognised world reference on uranium. Over the 40 years of its existence, the red book has collected an impressive quantity of official data supplied by governments. At that time concerns developed regarding increasing uncertainty in estimates of the world uranium resources. Nuclear energy agency, organisation for economic cooperation and development, 2006 ocolc655192287. New red book assures longterm availability of uranium. Its contents are based on official information received from 45 countries, supplemented by unofficial information for two others. The iaea red book completes the tally of possible fuels with some reported resources of 6mt of the nonfissile metal, thorium.
Although a valuable commodity, declining market prices for uranium in recent years, driven by. Dec, 2018 the world s supply of uranium is more than adequate to meet projected requirements for the foreseeable future, but investment and technical expertise will be needed to make sure resources can be brought into production in a timely manner, including from mines currently under care and maintenance, according to the latest red book. This 27th edition features a comprehensive assessment of uranium supply and demand and projections as of 1 january 2017 to the year 2035. Global uranium supply can meet projected demand, nea and. World uranium and thorium resources download ebook pdf.
War, energy, and the rock that shaped the world i purchased this book because i want to learn more about the element uranium. With uranium as a minor byproduct of phosphates, the potential supply is tied to the economics of phosphate production, as well as the uranium price, coupled with the environmental. Peak uranium is the point in time that the maximum global uranium production rate is reached. The likelihood of the senior iraqi diplomat in europe and the senior pakistani nuclear blackmarketeer both choosing an offseason holiday in chic little uraniumrich niger well, you have to admit that it makes an affecting picture. But you must be ready to credit something as ridiculous as that if your touching belief is that saddam hussein. The 2016 red book, which takes a snapshot of the uranium sector as of. Thorium is estimated to be three to four times more abundant than uranium in the earths crust and it is one of the most energy dense elements found in nature. Global uranium mine production decreased by 4% from 58,411 tu in.
Resources, production, demand the red book uranium supply for energy security statistical profile of the world uranium industry. Its an excellent in its presentation of the history and the current role it plays in our lives. More ways to access the market while the industry spent the vast majority of 2019 in a state of limbo, there was growth in the uranium exchangetraded fund etf sector. Resources, production and demand nea nuclear energy agency. Estimates of the amount available range from 9 to 22 million tonnes of uranium, though the 2018 edition of the red book tabulates only about 8 million tonnes. Oecd ilibrary forty years of uranium resources, production. Red book sees production capacity as future uranium. It is the recognised world reference on uranium and is based on official information received from 43 countries.
Unfortunately, as shall be shown in the following, the red book uranium resource data do not measure up to their indicated levels of accuracy. The iaeas world distribution of uranium deposits udepo, iaea, 2009 database tabulates 14 mt, though the 2014 red book tabulates only 7. The 26th edition of the red book reflects information current as of 1. After that peak, according to hubbert peak theory, the rate of production enters a terminal decline. Uranium mining has become a lucrative business for some countries with major reserves of. The basis of this assessment is a comparison of uranium resource estimates according to categories of. According to the red book, global uranium mine production increased by 3% from 2015 to 2016. Identified resources are sufficient for over 5 years of supply for global nuclear power fleet but this depends on timely investment, and challenges remain in a. Resource figures in the red book are estimates of what is known about the uranium resource base at a specific time and each report is a snapshot of a dynamic system. We dedicate this manifestation to all children throughout the world, and to their future free from the physical and psychic contamination. List of all red book editions 19652018 and national reports. The report provides analyses and information from 49 uranium producing and consuming countries. The 16 biggest uranium reserves in the world worldatlas. Estimates of the amount available range from 9 to 22 mtu.
The book put forth an fairly interesting history of the use of uranium. At the beginning of 20, the identified conventional resource base was large enough to fuel the existing fleet of over 430 reactors using a oncethrough fuel cycle for more than. Poison fire, sacred earth, world uranium hearing excerpts. While uranium is used in nuclear weapons, its primary use is for energy generation via nuclear fission of the uranium235 isotope in a nuclear power reactor. Uranium resources production and demand the red book. Uranium is the raw material used to produce fuel for longlived nuclear power facilities, necessary for the generation of significant amounts of baseload lowcarbon electricity for decades to come. 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 world reference on uranium. Developing production capacity to meet the worlds uranium needs, rather than the availability of uranium resources, is a likely challenge over. The worlds supply of uranium is more than adequate to meet projected requirements for the foreseeable future, but investment and technical expertise will be needed to make sure resources can be brought into production in a timely manner, including from mines currently under care and maintenance, according to the latest red book. Resources, production and demand red book 2008 oecdnea and iaea external links edit world distribution of uranium deposits database udepoiaea free registration required. This 27th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the. As a result, the red book retrospective gives a full historical profile of the world uranium industry in the areas of exploration, resources. The red book is a highly sanitized report that contains scarcely any of the critical information compiled by, for example, the wise uranium project 2 or the ejolt environmental justice project.
This 26th edition of the red book, a recognised world reference on uranium jointly prepared by the nuclear energy agency nea and the international atomic. 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. Resources, production and demand was published on 30 november. This book is well written and load with facts and dates about this mysterious element from its earliest discovery. Download it once and read it on your kindle device, pc, phones or tablets. First published in 1965, this, the 21st edition of what has become known. 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.
Red book sees production capacity as future uranium challenge. Forty years of uranium resources, production and demand in. Prior to the dissolution of the fsu and the comecon block, all of the member countries used resource classification systems that were similar to the system used by the fsu. Iaea red book confirms sufficient global uranium supply. 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. Forty years of uranium resources, production and demand in perspective. It has a single isotope, thorium232, and like u238 can breed another fissile uranium isotope, u233, which has long disappeared from the planet. The oecds nuclear energy agency and the international atomic energy agency have released the 2016 version of their biennial red book. First published in 1965, this, the 21st edition of what has become known as the red book, contains official data. In this article, the third part of the future of nuclear energy 6, we analyze the uranium resource data given in the red book 2007 3.
Global uranium supply can meet projected demand, nea and iaea. World distribution of uranium deposits database udepoiaea free registration required world nuclear association public information service country papers. The author spent too much time in my view talking about his particular adventures to various parts of the world investigating the history of uranium and its impact on the world. A collation of the key data and information collected in the 20 editions of the red book published between 1965 and 2004 by the oecd nuclear energy agency nea, and prepared jointly by the nea and the international atomic energy agency iaea. Pdf world uranium resources, production and demandsupply. The principal source of uranium in unconventional resources is rock phosphate, or phosphorite. The 26th edition of the red book reflects information current as of 1 january 2015. Such updates have been published in what are commonly known as the red books. The 16 biggest uranium reserves in the world australia now tops the list as the country with the largest quantities of recoverable uranium reserves within its borders. Resources, production and demand red book 2008 oecdnea and iaea. In the wake of the fukushima daiichi nuclear power plant accident, questions are being raised about the future of the uranium market, including as regards the number of reactors expected to be built.
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