Will U.S. Uranium Sector Come Out of Doldrums?
SUGAR LAND--June 26, 2017-Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. uranium production sector has seen better days. According to the U.S. Energy Information Administration (EIA), since 1990, U.S. uranium concentrate production has averaged a bit more than 4 million pounds per year. However, in the first quarter of 2017, annual production totaled only 450,000 pounds. If production remains at this level for the entire year, it would be the lowest annual production since 1952. Industrial Info is tracking $24.17 billion in uranium mining and processing projects throughout the world, including $3.34 billion planned in the U.S.
Within this article: Details of the uranium market and uranium projects in the U.S.
