Canada Tops U.S. Uranium Deliveries in 2023 – EIA Report

In a recent report released by the U.S. Energy Information Administration (EIA), Canada emerged as the leading source of uranium deliveries to the United States in 2023, accounting for 27% of the total. The annual Uranium Marketing Report, which provides detailed data on uranium purchases, prices, contracts, and inventories, highlighted significant trends and changes in the U.S. uranium market over the past year.

The report showed that owners and operators of U.S. civilian nuclear power reactors (COOs) purchased 51.6 million pounds of uranium oxide equivalent (U3O8e) in 2023, marking a 27% increase from the 40.5 million pounds purchased in 2022. The average price also rose by 12%, reaching $43.80 per pound U3O8e, the highest since 2015​.

It indicates that besides Canada, significant uranium deliveries came from Australia and Kazakhstan, each contributing 22% of the total. Russia provided 12%, while Uzbekistan accounted for 10%. The U.S. itself supplied 5%, maintaining the same […]

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