Physical Properties Colour Lustre Streak Hardness Density Texture Fracture Phase Radioactivity Chemical Properties: Formula Composition

: Solubility Crystal Structure Reactivity

Black or brownish Sub metallic, greasy Brownish-black 5.5 7.5 – 9.7 metallic corroded with coat Brittle - Conchoidal - Very brittle fracture producing small, conchoidal fragments. Solid 70Bq/gram U2O Molecular Weight = 270.03 gm Uranium 88.15 % U Oxygen 11.85 % Soluble in sulphuric, nitric, and hydrofluoric acids. Cubic Can react with oxygen to produce UO3 and U3O8 Uranium metal is also reactive with almost all nonmetallic elements and their compounds with reactivity increasing with temperature.


What makes it valuable

E=mc2 History
1896 Antoine Becquerel discovered the concept of radioactivity Enrico Fermi in 1934 discovered that bombarding uranium produced emission of beta rays. December 2, 1942, team led by Enrico Fermi was able to produce the first artificial nuclear chain reaction.

End Products
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Enormous amounts of Nuclear Energy Nuclear Weapons Weaponry, like Bullets (high density depleted Uranium metal penetrates heavy armor)

The map shows the distribution of uranium around the planet

In what type of rock is Uraninite found in? Uraninite is found in igneous rocks formed by magma solidifying. How rare is uranium? •40 times more abundant than silver • It’s found in most soil, rocks, and water but in very low concentrations. •Uranium ore contains 0.1 to 0.25% of actual •Distributed world wide and in 2005 17 countries produced uranium oxides. •3 million tons of uranium ore reserves are known to exist •5 billion tones of uranium is estimated to be in sea water.

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Radiation detectors such as Geiger-Counter are used to detect the uranium ore Airborne gamma ray spectrometry is a leading technique for uranium prospecting (it is also used in geological mapping, mineral exploration and environmental monitoring) Uraninite is usually separated using acidic solutions such as sulphuric, nitric, and hydrofluoric acids. Open Pit Underground uranium mining Heap Leaching In Situ Leaching Polymer Fibers Which countries are the lead producers of Uranium?
Country Canada Australia Kazakhstan Russia Namibia Niger Uzbekistan USA Total world 2002 11604 6854 2800 2900 2333 3075 1860 919 36 063 (42 529 t U3O8) 2003 10457 7572 3300 3150 2036 3143 1598 779 35 613 (41 998 t U3O8) 2004 11597 8982 3719 3200 3038 3282 2016 846 40 219 (47 430 t U3O8) 2005 11628 9519 4357 3431 3147 3093 2300 1039 41 595 (49 052 t U3O8)

Methods of Extraction
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Environmental impact of the mining Radiation is unhealthy In Situ leaching type of mining is environmentally unfriendly

Countries with largest known Reserves Country Australia Kazakhstan Canada South Africa Namibia World total Current Market Value
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tonnes U 1,074,000 622,000 439,000 298,000 213,000 3,537,000

percentage of world 30% 17% 12% 8% 6%

$85/lb. This has risen from $75/lb since last month. How is the market value determined? Notions of geopolitics as Uranium plays a big role in nuclear power and weaponry. Not traded on an organized commodity exchange like London Metal Exchange. In most cases it is traded through contract between buyer and seller directly. What is the market size in? Current production covers only 55% of the requirements of power utilities Uranium prices have been rising recently so that the demand appears to be increasing, meaning that the market size for the uranium is increasing.About 440 reactors with combined capacity of some 360 GWe, require 77,000 tonnes of uranium oxide while total uranium production world wide is only around 50,000 tones, which causes an increased demand and increase in prices.

The leading consumers of Uranium:

Country USA France Japan Germany Russia Korea Canada

Nuclear Energy (billion KWh) 788.6 426.8 273.8 158.4 133.0 124.0 85.3