Owners and operators of US civilian nuclear power reactors received a total of 40.5 million pounds U3O8e (equivalent)* of uranium deliveries in 2022, a 13% decrease from 46.7 million pounds in 2021, the US Energy Information Administration (EIA) said.
The EIA, a government agency, said in its annual uranium marketing report that purchases were made from both US and foreign suppliers at an average price of $39.08 per pound U3O8e, 15% higher than the 2021 weighted-average price of $33.91 per pound U3O8e, making it the highest price since 2016.
Canada was the primary source of uranium deliveries to the US in 2022, accounting for 27% of total deliveries. Kazakhstan followed at 25% with Uzbekistan at 11% and Australia 9%. Uranium from the US accounted for only 5% of total deliveries in 2022.