Table 2: Potential market availability of uranium feed from Russian high enriched uranium (HEU) converted to low enriched uranium during 1997-2010

 Year HEUa
(tonnes)
Feed contained in
HEU
(thousand tU)
Direct quota to
US end usersb
(thousand tU)
Excess over 
US restrictionsc 
(thousand tU) 

1997 18 5.5 0.0 5.5
1998 24 7.3 0.8 6.6
1999 30 9.2 1.5 7.7
2000 30 9.2 2.3 6.9
2001 30 9.2 3.1 6.1
2002 30 9.2 3.8 5.3
2003 30 9.2 4.6 4.6
2004 30 9.2 5.4 3.8
2005 30 9.2 6.2 3.0
2006 30 9.2 6.5 2.7
2007 30 9.2 6.9 2.3
2008 30 9.2 7.3 1.9
2009 30 9.2 7.7 1.5
2010 30 9.2 7.7 1.5

NOTES:        
a Likely capacity for blending down Russian HEU to low enriched uranium (LEU); the quantity for 1997-2002 was determined by an agreement between the United States Enrichment Corporation (USEC) and Technsnabexport, November 1996. Does not include 5500 tU of feed derived from 18 tonnes of HEU blended down to LEU by Russia and delivered to USEC in 1995 and 1996. For 2002 and later years, it is assumed that 30 tonnes of HEU will be blended down to LEU.
b Pursuant to the USEC Privatization Act (26 April 1996), Section 3112 (b).
c The quantity available for non-US end users if the maximum allowable quantity is sold in the United States.

The Effects of US and Russian Government Surplus Inventories:
William N. Szymanski

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