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Resources and reserves

It is estimated that 6.1 million tonnes of uranium exists in ores that are economically viable at US$130 per kg of uranium, while 35 million tonnes are classed as mineral resources (reasonable prospects for eventual economic extraction).

Australia has 28% of the world's known uranium ore reserves and the world's largest single uranium deposit is located at the Olympic Dam Mine in South Australia. There is a significant reserve of uranium in Bakouma, a sub-prefecture in the prefecture of Mbomou in the Central African Republic.

Some uranium also originates from dismantled nuclear weapons. For example, in 1993–2013 Russia supplied the United States with 15,000 tonnes of low-enriched uranium within the Megatons to Megawatts Program.

An additional 4.6 billion tonnes of uranium are estimated to be dissolved in sea water (Japanese scientists in the 1980s showed that extraction of uranium from sea water using ion exchangers was technically feasible). There have been experiments to extract uranium from sea water, but the yield has been low due to the carbonate present in the water. In 2012, ORNL researchers announced the successful development of a new absorbent material dubbed HiCap which performs surface retention of solid or gas molecules, atoms or ions and also effectively removes toxic metals from water, according to results verified by researchers at Pacific Northwest National Laboratory.