Australia?s world-leading uranium endowment and global supply and demand trends

Australia has by far largest identified uranium resources of any country. This uranium endowment appears to be related directly or indirectly to the emplacement of uranium enriched felsic igneous rocks in the late Archaean, the Palaeo- to Mesoproterozoic and the mid Phanerozoic. International trends in nuclear power generation point to high and increasing demand for Australia?s uranium for the foreseeable future.