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BUSINESS OVERVIEW
06
6.4 Operations
WORLD SUPPLY AND DEMAND IN 2016
2016
2020
2025
2030
0
tU
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Demand to be covered by new
production
Secondary resources
Primary production - existing mines
Reactor demand
Source: UxC Q4 2016.
Estimated global production in 2016
TOP TEN URANIUM PRODUCING COUNTRIES
Rank Producer
Production
(MTU)
% *
1
Kazakhstan
24,700
40%
2
Canada
14,000
22%
3
Australia
5,900
9%
4
Niger
3,500
6%
5
Namibia
3,500
6%
6
Russia
3,000
5%
7
Uzbekistan
2,400
4%
8
China
1,600
3%
9
United States
1,100
2%
10 Ukraine
1,000
1%
TOTAL TOP 10
60,700
98%
Other
1,200
2%
Global production
61,900
100%
Source: Annual reports from the different companies (rounded to the nearest
100 metric tons) and AREVA estimates.
* Rounded to 100 bp.
TOP TEN URANIUM PRODUCERS
Rank Producer
Available share of
production*
(MTU)
% **
1
Kazatomprom
12,000
19%
2
Cameco
10,500
17%
3
AREVA
9,300
15%
4
ARMZ/Uranium One
7,900
13%
5
BHP Billiton
3,200
5%
6
Rio Tinto
2,400
4%
7
Navoi
2,400
4%
8
CNNC
2,100
4%
9
Paladin
1,400
2%
10 CGNPC
1,300
2%
TOTAL TOP 10
52,500
85%
Other
9,400
15%
Global production
61,900
100%
Source: Annual reports from the different companies (rounded to the nearest
100 metric tons) and AREVA estimates.
* Quantity of uranium likely to be sold/distributed to producers by their respective
mining joint ventures.
** Rounded to 100 bp.
In 2016, AREVA produced 9,300 metric tons of uranium (in available share of
production).
2016 AREVA
REFERENCE DOCUMENT
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