Supply
In the first half of 2006, US production of uranium concentrate totaled 1.8 million pounds, up 36% from the first half of 2005, and the highest since 2000.
Total global uranium consumption was estimated at 176.3 million pounds in 2005. Only 47% was supplied directly from mining. The rest was from stockpiles, which are dwindling – fast!
Demand
130-160 new nuclear power reactors planned or under construction
There are 442 operational nuclear power reactors in the world, with high demand for uranium fuel
Next 20 years, according to the EIA US demand for oil is expected to jump 30% and nat. gas > 50%


7.5.2008

Utah Uranium Corporation is a Moab, Utah based junior exploration and development company focused on the acquisition of past producing uranium mines that can be brought back into production in the near term with low capital expenditure. All of the mines currently in the acquisition pipeline are within economic haul distances of the White Mesa Mill in Blanding, Utah owned by Denison Mines. The white Mesa Uranium Mill is currently the only operating Uranium mill in the United States.

Investors


Map of claims in UtahStock Chart