RAW MATERIALS
Table 2— Actual 1958 and Projected United States Receipts of U,O,
(short tons by fiscal years)
Source
United States
Canada
.
North America
1958
1959
1960
1961
1962
1963
10,246
9,459
14,200
18,700
19,400
13,900
20,500
13,500
20,500
11,300f
20,500
1,550f
19,705
27,900
33,300
257
265
ee
330
225
6,652
4,210
26,357
32,110
Belgian Con
Australia *~
Overseas
Total
.
4,960 38,260
:
4,430
4,370
4,200
'
38,430
36,170
26,250
'
*Subject to revision for final assays.
TBy exercising options an additional 1,400 tons U,O, could be acquired.
}By exercising options approximately 9,650 tons additional U,;O, could be contracted for in
fiscal year 1963 and purchases from Canada maintained at a level of about 11,000 tons per
year through December 31, 1966. (End of @aeOMEZNP section.)
DOMESTIC OPERATIONS (UNCLASSIFIED)
Production
United States production of U;O, during the April-June quarter was 3,227 tons, 23 percent
more than in the preceding quarter and 44 percent more than in the corresponding quarter of
fiscal year 1957. June production was at an annual rate of 12,650 tons.
As of June 30, 18 mills having an aggregate processing rate of about 14,000 tons of ore
per day were operating, and five new mills with a total estimated capacity of 7,000 tons of ore
per day were under construction. Ore fed to process from April 1 through June 30 totaled
1,363,000 tons, an increase of 23 percent over the quantity fed to process in the previous
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Ore receipts during the quarter amounted to 1,228,000 tons, equivalent to an annual delivery
rate of 5,312,000 tons. More than 96 percent of this ore was purchased by private buying stations. The AEC continued to operate ore buying stations at Monticello, Utah, and Grants, New
Mexico.
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Limited Expansion of Uranium Procurement
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Pursuant to the Commission’s announcement on April 2 of the decision to authorize
limited
expansion of domestic uranium procurement, a number of meetings were held with representatives of companies interested in constructing new mills in the various areas which the recent
survey disclosed had either no market, or an inadeguate market, for ore reserves developed
prior to November 1, 1957. AEC representatives also attended industry meetings in Albuquerque, New Mexico, Grand Junction, Colorado, and Riverton, Wyoming, to discuss steps
taken or contemplated to implement the Commission’s action of April 2. It was expected that
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DOE ARCHIVES