Uranium Marketing Annual Report Owners and operators of U.S. civilian nuclear power reactors purchase uranium each year from U.S. suppliers (domestic purchases) and foreign suppliers (foreign purchases). U.S. suppliers include uranium brokers, converters, enrichers, fabricators, producers, and traders. Uranium market activities of owners and operators of U.S. civilian nuclear power reactors also include contracting for future supplies, unfilled uranium requirements, enrichment activities, and the amount of uranium loaded into U.S. civilian nuclear power reactors. Year-end commercial uranium inventories represent ownership of uranium in different stages of the nuclear fuel cycle (in-process for conversion, enrichment, or fabrication) at domestic or foreign nuclear fuel facilities. The uranium quantities shown in these tables and figures are expressed as U3O8 equivalent (U3O8e). 2003 Highlights Owners and operators of U.S. civilian nuclear power reactors purchased from U.S. and foreign suppliers a total of 56.6 million pounds U3O8e (equivalent) of deliveries during 2003.1 The weighted-average price paid was $10.81 per pound U3O8e, an increase of 4 percent compared with the 2002 price. At the end of 2003, cumulative unfilled uranium requirements for U.S. civilian nuclear reactors for 2004 through 2013 were reported to be 402.0 million pounds U3O8e. The quantity of maximum deliveries of uranium for the same period under existing purchase contracts totaled 175.5 million pounds. These contracted deliveries and unfilled requirements combined represent the maximum anticipated market requirements of uranium. The total 10-year maximum requirements, as of year-end of 2003, was 577.5 million pounds U3O8e. In 2003, 12.0 million separative work units (SWU) were purchased by owners and operators of U.S. civilian nuclear power reactors under enrichment services contracts.2 U.S. uranium enrichment plants provided 14 percent of the SWU and foreign enrichment plants the remaining 86 percent. Uranium in fuel assemblies loaded into U.S. civilian nuclear power reactors during 2003 contained 62.3 million pounds U3O8e. Commercial uranium inventories owned at the end of the year by owners and operators of U.S. civilian nuclear power reactors in 2003 was 45.7 million pounds U3O8e, a decrease of 15 percent from the 2002 level. 2003 PDF of all Tables and Figures 2003 Domestic Uranium Production Report Data for 1998-2002: Uranium Industry Annual 2002: Table of Contents: Chapter 2 Uranium data since 1949: Annual Energy Review: Nuclear Energy: Table 9.3 Uranium Overview, 1949-2002 For questions about content, please contact: douglas.bonnar@eia.doe.gov Phone: (202) 287-1911