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 fe Sy Ms Ofises ’ oP 2 SH 4 TUS. aa =S ‘<> sn oe 4 shot ay ao rag 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. is *«e ‘ o. gh HE a oseitwT eR sugts . es quarter. zz =e zo Limited Expansion of Uranium Procurement . eae ‘ z ; 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 _-l DOE ARCHIVES