Uranium Mining and Nuclear Reactor Market Strategy, Market Analysis, Product Description, and Company Profiles

Table of Contents

URANIUM MINING EXECUTIVE SUMMARY

• Nuclear Energy Supplies 16% Of Total Power
• Largest Users Of Nuclear Power
  • Russia Has Experimented With Several Lead-Cooled Reactor Designs
• Uranium Market Driving Forces
• Uranium From Mines
  • Mining Methods Have Been Changing
  • Nuclear Power Plants Used To Generate Hydrogen
• Worldwide Uranium Market Forecasts

1. URANIUM AND NUCLEAR REACTOR MARKET DYNAMICS AND MARKET DESCRIPTION

• 1.1 International Aspect of Civil Nuclear Material
  • 1.1.1 International Nature Of Nuclear Material Flows
  • 1.1.2 Nuclear Bilateral Safeguards
• 1.2 Support For Nuclear Energy
• 1.3 Worldwide Trends in the Uranium Market
  • 1.3.1 U.S. Deal With Russia for Uranium
  • 1.3.2 China' s Need For Uranium For Nuclear Energy
  • 1.3.3 US Agreement With India
  • 1.3.4 US Use Of Nuclear Power To Reduce The Emission Of Greenhouse Gasses
  • 1.3.5 Price Of Uranium Oxide
• 1.4 International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO)
• 1.5 Global Nuclear Energy Partnership (GNEP)
• 1.6 International Atomic Energy Agency (IAEA)
• 1.7 Uranium Enrichment
• 1.8 Iran
• 1.9 Uranium From Dismantled Russian Nuclear Warheads
• 1.10 Nuclear Energy Supplies 16% Of The World' s Total Power
  • 1.10.1 23 Nuclear Reactors Under Construction
  • 1.10.2 Europe
  • 1.10.3 United States
  • 1.10.4 China
  • 1.10.5 $50 Billion Of Chinese Government Dollars Are Pouring Into Construction Of Nuclear Plants
  • 1.10.6 USEC
  • 1.10.7 Efficient Uranium-Processing Enrichment Plants
• 1.11 U.S. Risk Insurance

2. URANIUM MARKET OPPORTUNITIES AND MARKET FORECASTS

• 2.1 Where the World' s Uranium Lies
• 2.2 Market Driving Forces
• 2.2.1 US Nuclear Power Planning
• 2.3 Western World Uranium Production Mapped Against Demand
  • 2.3.1 Mining Methods Have Been Changing
• 2.4 Worldwide Nuclear Electricity Generation, Forecast 2006-2012
• 2.5 Worldwide Uranium Mined Forecast 2006-2012
• 2.6 Worldwide Uranium Market Forecasts 2006-2012
• 2.7 Uranium Mining Regional Analysis
  • 2.7.1 Australian Uranium Production and Exports
  • 2.7.2 Australian Uranium Exports By Destination
  • 2.7.3 Australia Uranium Sold For Electrical Power Generation
  • 2.7.4 Uranium World Markets
  • 2.7.5 Fast Reactors
  • 2.7.6 Europe, Russia, Kazakhstan
• 2.8 Uranium Usage Regional Nuclear Power Plant Regional Analysis
  • 2.8.1 North America
  • 2.8.2 US Uranium Usage
  • 2.8.3 U.S. Nuclear Power Plants
• 2.9 Europe
  • 2.9.1 France' s Nuclear Power Plants
  • 2.9.2 Euratom Supply Agency
  • 2.9.3 UK
  • 2.9.4 Australia
• 2.10 South America
  • 2.10.1 Venezuela
• 2.11 Asia
  • 2.11.1 China / Tianwan-1 Nuclear Power Reactor
  • 2.11.2 China Qinshan Phase II Nuclear Power Plant In Zhenjiang Province
  • 2.11.3 Japan Expects Seven Reactors To Come On Line Between 2006 And 2020
  • 2.11.4 Japan
  • 2.11.5 India
  • 2.11.6 Kazakhstan

3. URANIUM MINING DESCRIPTION

• 3.1 Uranium Mines
• 3.2 Australian Uranium
  • 3.2.1 Australia Olympic Dam Mine
  • 3.2.2 Aboriginal Land In The Alligator Rivers Region
  • 3.2.3 Australia Honeymoon Mine Project
  • 3.2.4 Australia Kakadu National Park
  • 3.2.5 Australia Rio Tinto / Energy Resources of Australia Ltd (ERA) / Ranger Mine
  • 3.2.6 Australia BHP Billiton / Western Mining and BP Minerals
  • 3.2.7 Australia Projects
  • 3.2.8 Australia Jabiluka
• 3.3 Canadian Uranium Mines
  • 3.3.1 Canada Cameco' s McArthur River Deposit
  • 3.3.2 Canada Cameco' s Cigar Lake
  • 3.3.3 Canada Cogema Midwest Mine
  • 3.3.4 Canada Cogema McClean Lake Mine
  • 3.3.5 Canada Cogema Resources Inc McClean Lake Mine
  • 3.3.6 Canada UNOR / Cameco
  • 3.3.7 Canada Nunavut Tunngavik Uranium Mines
• 3.4 U.S. Uranium Mines
  • 3.4.1 US Cameco Smith Ranch-Highland In-Situ Leach (ISL) Uranium Mine In Wyoming
  • 3.4.2 US: International Uranium
• 3.5 European Uranium Mines
  • 3.5.1 Russia Uranium Mining TVEL
  • 3.5.2 Kazakhstan, Russia, Kyrgyzstan Zarechnoye Joint Venture Uranium Project
  • 3.5.3 Kazakhstan Uranium Mining
  • 3.5.4 Uzbekistan Aktau Uranium Deposit Mines
• 3.6 African Uranium Mines
  • 3.6.1 South Africa Uranium Mines
  • 3.6.2 Guyana Search For Uranium Deposits
• 3.7 Asian Uranium Mines
  • 3.7.1 India Uranium Mining Plant Nalgonda and Kadapa Districts In Andhra Pradesh
  • 3.7.2 India Uranium Mine
  • 3.7.3 Kazakhstan PV-19/ISL-19 In-Situ Leach (ISL) Uranium Mine
• 3.8 US Uranium Fuel Manufacturing
  • 3.8.1 Piketon, Ohio Gas Centrifuge Uranium Enrichment Plant Fuel Manufacturing
  • 3.8.2 US: USEC Uranium Enrichment Operations At The American Centrifuge Plant
• 3.9 European Uranium Fuel Manufacturing
  • 3.9.1 Czech Republic Utility CEZ Uranium Fuel Manufacturing
• 3.10 North American Nuclear Power Plants
  • 3.10.1 US Operating Licenses Of The TVA Browns Ferry-1, -2 And -3 Nuclear Power Reactors
  • 3.10.2 U.S. Duke Energy Corp
  • 3.10.3 U.S. Indian Point Nuclear Power Plant
  • 3.10.4 US Seabrook
  • 3.10.5 US Nine Mile Point-1 And -2 Nuclear Power Reactors
  • 3.10.6 US Palo Verde Nuclear Power Plant
  • 3.10.7 US Dominion Millstone-3 Nuclear Power Reactor
  • 3.10.8 Canada Crown Corporation Atomic Energy Nuclear Reactors
  • 3.10.9 Canada Alberta Nuclear Power As A Means Of Providing Electricity In Alberta' s Oilsands
• 3.11 European Nuclear Power Plants
  • 3.11.1 Sweden Oskarshamn-3 Nuclear Power Reactor
  • 3.11.2 Sweden Forsmark Nuclear Power Reactor
  • 3.11.3 Norway Bergen Energi Power Broker
  • 3.11.4 Netherlands
  • 3.11.5 Switzerland
  • 3.11.6 Finland Nuclear Energy Possibility
  • 3.11.7 Russia Rosenergoatom Floating Nuclear Reactor
  • 3.11.8 Russia Kalinin Plant
  • 3.11.9 Russia Nuclear Power Plant In The Ural Region
  • 3.11.10 Russia: Six VVER-1500 Nuclear Power Reactors To Be Constructed At Phase Two Of The Leningrad Nuclear Power Plant
  • 3.11.11 Romania Reactor Cernavoda Contract To Beijing Jianhuan Technology
  • 3.11.12 Romania Cernavoda-2 Nuclear Power Reactor
  • 3.11.13 Spain Jose Cabrera (Zorita) Plant Closed
  • 3.11.14 Bulgaria Belene Nuclear Power Plant
  • 3.11.15 Slovenia
  • 3.11.16 UK Sellafield MOX Plant
  • 3.11.17 UK Sizewell Nuclear Power Plant Decommissioning
  • 3.11.18 Ukraine Nuclear Power Plant Decommissioning
  • 3.11.19 France: Flamanville Site Nuclear Pressurized Water Reactor Power Plant
  • 3.11.20 Lithuania Nuclear Power Plants
• 3.12 Asia Pacific Nuclear Power Plants
  • 3.12.1 China Liaoning
  • 3.12.2 China Construction Of Nuclear Power Plant In Fujian Province
  • 3.12.3 China Tianwan Nuclear Power Plant Reactors
  • 3.12.4 China / Tianwan-1 Nuclear Power Reactor
  • 3.12.5 China Qinshan Phase II Nuclear Power Plant In Zhenjiang Province
  • 3.12.6 Japan Expects Seven Reactors To Come On Line Between 2006 And 2020
  • 3.12.7 India Tarapur-3 Nuclear Power Reactor
  • 3.12.8 South Korea Wolsong 1 Candu 6 Nuclear Reactor Retubing
  • 3.12.9 South Korea Shin Wolsong Nuclear Power Plant
  • 3.12.10 North Korea Energy Development Organization
  • 3.12.11 Indonesia Nuclear Power Capacity
  • 3.12.12 Vietnam Turnkey Nuclear Power Plant
• 3.13 South American Nuclear Power Plants
  • 3.13.1 Brazil Angra-3
• 3.14 Middle East Nuclear Power Plants
  • 3.14.1 Iran Nuclear Reactor
  • 3.14.2 Armenia 1000 MWe Nuclear Power Plant
• 3.15 African Nuclear Power Plants
  • 3.15.1 Tunisia Considering Constructing A Nuclear Power Plant
• 3.16 Nuclear Power Reactors Permanently Shut Down
  • 3.16.1 Europe, Russia, Kazakhstan
  • 3.16.2 Spain The Jose Cabrera-1 (Zorita-1) Nuclear Power Reactor Permanently Shut Down
• 3.17 Fast Neutron Reactors
  • 3.17.1 Fast Reactor Has No Moderator And Uses Plutonium
  • 3.17.2 Experiments On A 19-Year Old UK Breeder Reactor
  • 3.17.3 Russian BN-600 Fast Breeder Reactor
  • 3.17.4 UK Dounreay Fast Reactor
  • 3.17.5 Japan, India, China FBRs
  • 3.17.6 USA Five Fast Neutron Reactors
  • 3.17.7 GE Advanced Reactor Super-PRISM

4. URANIUM AND NUCLEAR REACTOR TECHNOLOGY

• 4.1 Nuclear Reactor Technology
  • 4.1.1 Gas-Cooled Fast Reactors
  • 4.1.2 Lead-Cooled Fast Reactors
  • 4.1.3 Sodium-Cooled Fast Reactors
  • 4.1.4 Supercritical Water-Cooled Reactors
  • 4.1.5 Molten Salt Reactors
  • 4.1.6 Physics Of Fast Neutron Reactors
  • 4.1.7 Fast Reactors
• 4.2 Fuel Storage
  • 4.2.1 Yucca Mountain
• 4.3 Nuclear Waste Disposal
  • 4.3.1 US California Energy Commission Moratorium
  • 4.3.2 US Yucca Mountain Repository Expansion
  • 4.3.3 France
  • 4.3.4 Sweden Svensk Karnbranslehantering östhammar and Oskarshamn
  • 4.3.5 Spain
  • 4.3.6 Canada
  • 4.3.7 UK THORP Plant Reprocesses Nuclear Fuel
  • 4.3.8 UK Radioactive Waste
• 4.4 Uranium Recovery
  • 4.4.1 US Strathmore Minerals Uranium Recovery Facility
• 4.5 Nuclear Energy Research
  • 4.5.1 France and the UK
  • 4.5.2 Russia Has Experimented With Several Lead-Cooled Reactor Designs
  • 4.5.3 Russian Lead-Bismuth Fast Reactor
  • 4.5.4 Generation IV International Forum (GIF) Generation IV Fast Reactors
  • 4.5.5 Temperatures Range From 510°C to 850°C Used For Thermochemical Hydrogen Production
  • 4.5.6 Sizes Range From 150 To 1500 Mwe
• 4.6 Brownouts in Asia
• 4.7 International Thermonuclear Experimental Reactor (ITER)
• 4.8 Australia Taskforce To Undertake An ' Objective, Scientific And Comprehensive Review' Into Uranium Mining
• 4.9 Safeguards to Prevent Nuclear Proliferation
  • 4.9.1 The NPT Origins And Objectives
  • 4.9.2 The International Atomic Energy Agency
  • 4.9.3 Scope of safeguards
  • 4.9.4 Undeclared Nuclear Activities
  • 4.9.5 Key Elements Of The Model Additional Protocol
  • 4.9.6 Limitations Of Safeguards
  • 4.9.7 Australian Safeguards Policy
  • 4.9.8 Australian Safeguards Office
• 4.10 Nuclear Materials
  • 4.10.1 Uranium Processed For Electricity Generation
  • 4.10.2 Weapons-Grade Uranium
  • 4.10.3 Plutonium
  • 4.10.4 HEU Oxide

5. URANIUM MINING COMPANY PROFILES

• 5.1 Largest-Producing Western World Uranium Mines
• 5.2 Advent International / RWE Energy
• 5.3 Areva / Cogema
  • 5.3.1 Areva Ramping Up Investments For The Restart Of Nuclear Programs
  • 5.3.2 AREVA Development Is Built On A Sound Financial Position
  • 5.3.3 AREVA Has Development Is Built On A Sound Financial Position Objectives
  • 5.3.4 Areva Plant Construction In Siberia
  • 5.3.5 Areva Won Two Contracts In Tunisia
  • 5.3.6 Areva Invests in Wind Power
  • 5.3.7 Areva Won Two Contracts In The Middle East
  • 5.3.8 Areva Contracts And Agreements In China
  • 5.3.9 Areva Strengthens Presence In Brazil
  • 5.3.10 Areva Proposes The Epr In China
  • 5.3.11 In Brazil, Areva Builds Two Biomass Power Plants
  • 5.3.12 Areva Workforce By Region
  • 5.3.13 Areva Revenue
  • 5.3.14 Areva Consulting and Information Systems.
  • 5.3.15 Areva Uranium Mining
  • 5.3.16 AREVA NC Pierrelatte
  • 5.3.17 COGEMA Pierrelatte wins ISO 14001 certification
  • 5.3.18 AREVA Environmental Protection
  • 5.3.19 COMURHEX Malvési
  • 5.3.20 As of March 1st; 2006, COGEMA becomes AREVA NC
  • 5.3.21 COMURHEX Pierrelatte
  • 5.3.22 AREVA and URENCO Joint Venture ETC (Enrichment Technology Company)
  • 5.3.23 Cameco Construction On The Cigar Lake Mine
  • 5.3.24 AREVA / TENEX Technology Sales Agreement
  • 5.3.25 COGEMA Begins Work On Treating Australian Used Fuel
• 5.4 BHP Billiton Olympic Dam Uranium Mine
• 5.5 British Nuclear Group (BNG)
• 5.6 Cameco
  • 5.6.1 Cameco Uranium Price Sensitivity 2006
  • 5.6.2 Cameco Uranium Price Sensitivity (2006 to 2008)
  • 5.6.3 Cameco Uranium Spot Market Perspective
  • 5.6.4 Cameco Uranium Long-Term Market
  • 5.6.5 Cameco Uranium Operations
  • 5.6.6 Cameco McArthur River/Key Lake
  • 5.6.7 Cameco Rabbit Lake
  • 5.6.8 Cameco Smith Ranch-Highland and Crow Butte
  • 5.6.9 Cameco Cigar Lake
  • 5.6.10 Cameco Inkai
  • 5.6.11 Cameco Uranium Production Outlook
  • 5.6.12 Cameco Uranium Exploration Update1
  • 5.6.13 Cameco Millennium
  • 5.6.14 Cameco Regional Exploration
  • 5.6.15 Cameco Completed Acquisition Of UNOR
• 5.7 Constellation Energy and Electricite de France (EdF
• 5.8 Energy Resources of Australia Ltd. ERA
• 5.9 EnergySolutions
• 5.10 Exelon Generation Company LLC
• 5.11 Navoi Mining and Metallurgical Combine (Navoi MMC) Navoi, Uzbekistan
• 5.12 Nuclear Construction Contractors
• 5.13 Pinnacle / Arizona Public Service Co (APS)
• 5.14 Priargunsky
• 5.14.1 CJSC Dalur Kurgan Region, Uksyanskoye
• 5.15 Prometheus Resources Guyana / U3O8 Corp of Canada Subsidiary
• 5.16 Rössing
  • 5.16.1 Rio Tinto Group / Rössing
  • 5.16.2 Rössing Mine 800 Employees
  • 5.16.3 Rössing Mine Operating Life
  • 5.16.4 Rössing Mine Production
• 5.17 RWE Nukem
• 5.18 AREVA / TENEX Technology Sales Agreement
• 5.19 Toshiba / Westinghouse Electric Co.
• 5.20 SXR Uranium One
• 5.21 Uranium Information Centre Ltd
• 5.22 United States Enrichment Corporation (USEC) Inc
• 5.23 Westinghouse Electric / PaR Nuclear China Reactors Planned At Qinshan, Zhejiang Province
• 5.24 WMC
  • 5.24.1 WMC Is Spending $50 Million Studying Expansion Plans For Olympic Dam

List of Tables and Figures

URANIUM MINING EXECUTIVE SUMMARY

• Table ES-1 Nuclear Reactors, Number And MWe 2005-2013
• Table ES-2 Uranium Market driving forces
• Table ES-3 Nuclear Uranium Production Methods Segments 2006
• Figure ES-4 Worldwide Uranium Market Forecasts 2006-2013

URANIUM AND NUCLEAR REACTOR MARKET DYNAMICS AND MARKET DESCRIPTION

• Table 1-1 Australia' s bilateral partner metrics for controlling uranium distribution
• Table 1-2 Uranium Prices
• Table 1-3 Driving Forces For Nuclear Power from China

URANIUM MARKET OPPORTUNITIES AND MARKET FORECASTS

• Table 2-1 Where the World' s Uranium Lies
• Table 2-2 Known Recoverable Resources* of Uranium
• Table 2-3 Uranium Market driving forces
• Table 2-4 Western World Uranium Production Mapped Against Demand 1945-2002
• Table 2-5 World Nuclear Power Reactors 2005-06 and Uranium Requirements
• Table 2-6 Nuclear Uranium Production From Mines Share Figures, 1995-2005
• Table 2-7 Nuclear Uranium Production Methods Segments 2006
• Table 2-8 Mining Companies With More Than 1000 t Uranium Output 2006
• Table 2-9 Largest-Producing Western World Uranium Mines In 2006:
• Table 2-10 Worldwide Uranium Required By Country, 2005-2013
• Table 2-11 Nuclear Reactors, Number And MWe By Country 2005
• Table 2-12 Nuclear Electricity Generation By Country In 2005
• Figure 2-13 Worldwide Nuclear Electricity Generation, Forecast 2007-2013
• Table 2-14 Worldwide Nuclear Electricity Generation, Forecast 2007-2013
• Figure 2-15 Worldwide Uranium Mined, Forecast 2007-2013
• Figure 2-16 Worldwide Uranium Market Forecasts 2007-2013
• Table 2-17 Australian Uranium Exports.
• Table 2-18 Australian Uranium Production and Exports
• Table 2-19 Uranium Exports From Australia By Destination, 2004-2005
• Table 2-20 Nations That Purchase Australia Uranium

URANIUM MINING DESCRIPTION

• Table 3-1 Where the World' s Uranium Lies
• Figure 3-2 Australian Uranium
• Table 3-3 Australia Uranium Projects

URANIUM MINING COMPANY PROFILES

• Table 5-1 AREVA Energy Business Positioning
• Figure 5-2 Areva Sales by Region
• Figure 5-3 Areva Nuclear Reactor and Services Sales
• Table 5-4 Cameco Construction Of The Cigar Lake Mine Project Aspects:
• Table 5-5 Cameco' s Share of Production (millions pounds U3O8)
• Table 5-6 Cameco Forecast Production Key Assumptions
• Figure 5-7 CJSC Dalur carries out uranium mining
• Table 5-8 Rössing Mine Production Performance Data Table
• Table 5-9 Uranium Information Centre Principal Aims