Uranium mining in Australia Uranium mining in Australia Radioactive ores were first extracted at Radium Hill in 1906, and Mount Painter in South Australia in the 1930s, to recover radium for medical use. Several hundred kilograms of uranium were also produced. Of the world's proven estimated uranium reserves (5,404,000 tonnes), 31% are held in Australia (1,673,000 tonnes), ahead of the second largest, Kazakhstan (12.1% or 651,800 tonnes). In terms of production, Canada is the largest supplier to export markets, followed by Kazakhstan and Australia. Uranium mined in Australia is mainly for export. Australia exported 50,235 tonnes of uranium oxide concentrate in the five years
Uranium about 70% higher than that of lead, and slightly lower than that of gold or tungsten. It occurs naturally in low concentrations of a few parts per million in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite. In nature, uranium is found as uranium-238 (99.2739–99.2752%), uranium-235 (0.7198–0.7202%), and a very small amount of uranium-234 (0.0050–0.0059%). Uranium decays slowly by emitting an alpha particle. The half-life of uranium-238 is about 4.47 billion years and that of uranium-235 is 704 million years, making them useful in dating the age of the Earth. Many contemporary uses of