Rio Tinto Group is an Anglo-Australian multinational company that is the world's second-largest metals and mining corporation. The company was founded in 1873 when of a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. Since then the company has grown through a long series of mergers and acquisitions, and has placed itself among the world leaders in the production of many commodities, including aluminum, iron ore, copper, uranium and diamonds. Although primarily focused on extraction of minerals, Rio Tinto also has significant operations in refining, particularly the refining of bauxite and iron ore. Rio Tinto has joint head offices in London and Melbourne.
Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
Rum Jungle is a locality in the Northern Territory of Australia located about 105 kilometres south of Darwin on the East Branch of the Finniss River. It is the site of a uranium deposit, found in 1949, which has been mined.
Uranium mining is the process of extraction of uranium ore from the ground. The worldwide production of uranium in 2019 amounted to 53,656 tonnes. Kazakhstan, Canada, and Australia were the top three uranium producers, respectively, and together account for 68% of world production. Other countries producing more than 1,000 tonnes per year included Namibia, Niger, Russia, Uzbekistan, the United States, and China. Nearly all of the world's mined uranium is used to power nuclear power plants. Historically uranium was also used in applications such as uranium glass or ferrouranium but those applications have declined due to the radioactivity of uranium and are nowadays mostly supplied with a plentiful cheap supply of depleted uranium which is also used in uranium ammunition. In addition to being cheaper, depleted uranium is also less radioactive due to a lower content of short-lived 234
U and 235
U than natural uranium.
Paladin Energy Ltd is a Western Australian based uranium production company.
Uranium mining in the United States produced 173,875 pounds (78.9 tonnes) of U3O8 in 2019, 88% lower than the 2018 production of 1,447,945 pounds (656.8 tonnes) of U3O8 and the lowest US annual production since 1948. The 2019 production represents 0.3% of the anticipated uranium fuel requirements of the US's nuclear power reactors for the year.
Uranium mining in Colorado, United States, goes back to 1872, when pitchblende ore was taken from gold mines near Central City, Colorado. The Colorado uranium industry has seen booms and busts, but continues to this day. Not counting byproduct uranium from phosphate, Colorado is considered to have the third largest uranium reserves of any US state, behind Wyoming and New Mexico.
Uranium mining in Wyoming was formerly a much larger industry than it is today. Wyoming once had many operating uranium mines, and still has the largest known uranium ore reserves of any state in the U.S. At the end of 2008, the state had estimated reserves dependent on price: 539 million pounds of uranium oxide at $50 per pound, and 1,227 million pounds at $100 per pound.
Uranium mining in Utah, a state of the United States, has a history going back more than 100 years. Uranium mining started as a byproduct of vanadium mining about 1900, became a byproduct of radium mining about 1910, then back to a byproduct of vanadium when the radium price fell in the 1920s. Utah saw a uranium boom in the late 1940s and early 1950s, but uranium mining declined in the 1980s. Since 2001 there has been a revival of interest in uranium mining, as a result of higher uranium prices.
Uranium mining in Arizona has taken place since 1918. Prior to the uranium boom of the late 1940s, uranium in Arizona was a byproduct of vanadium mining of the mineral carnotite.
Uranium mining in New Mexico was a significant industry from the early 1950s until the early 1980s. Although New Mexico has the second largest identified uranium ore reserves of any state in the United States, no uranium ore has been mined in New Mexico since 1998.
The mineral industry of Russia is one of the world's leading mineral industries and accounts for a large percentage of the Commonwealth of Independent States' production of a range of mineral products, including metals, industrial minerals, and mineral fuels. In 2005, Russia ranked among the leading world producers or was a significant producer of a vast range of mineral commodities, including aluminum, arsenic, cement, copper, magnesium compounds and metals, nitrogen, palladium, silicon, nickel and vanadium.
Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. Its contribution to the gross domestic product is also very important and makes it one of the largest economic sectors of the country. Namibia produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semi-precious stones and industrial minerals. The majority of revenue comes from diamond mining. In 2014, Namibia was the fourth-largest exporter of non-fuel minerals in Africa.
Radioactive ores were first extracted in South Australia at Radium Hill in 1906 and Mount Painter in 1911. 2,000 tons of ore were treated to recover radium for medical use. Several hundred kilograms of uranium were also produced for use in ceramic glazes.
Namibia has one of the richest uranium mineral reserves in the world. There are currently 2 large operating mines in the Erongo Region and various exploration projects planned to advanve to production in the next few years.
The world's largest producer of uranium is Kazakhstan, which in 2019 produced 43% of the world's mining output. Canada was the next largest producer with a 13% share, followed by Australia with 12%. Uranium has been mined in every continent except Antarctica.
The Molo mine is one of the largest graphite mines in Madagascar. The mine is located in Atsimo-Andrefana, near the town of Fotadrevo. The deposit was discovered in 2011, following explorations of the nearby Green Giant mine. The mine has reserves amounting to 120 million tonnes of ore grading 8% graphite metal. The mine is owned by NextSource Materials Inc, which obtained a 40 year mining license from the Madagascar government in 2019. The mine is being financed by Vision Blue Resources Limited, a battery materials investment company founded by Mick Davis. The mine has agreements to supply graphite to ThyssenKrupp, and intends to build a graphite battery anodes to sell to Tesla. As of 2021, the necessary equipment for the mine is in the process of being assembled and delivered.
Westwater Resources, Inc. (WWR), is an explorer and developer of US-based mineral resources essential to clean energy production. The company has operated some uranium facilities in the past, however they have recently been exploring lithium and graphite, anticipating a rise in demand of battery related materials due to accelerating electric vehicle production.
In 2015, 27.6 million metric tons of marketable phosphate rock, or phosphorite, was mined in the United States, making the US the world's third-largest producer, after China and Morocco. The phosphate mining industry employed 2,200 people. The value of phosphate rock mined was US$2.2 billion.
