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 ore Mineralization may be primary, that is magmatic-related or as secondary mineralization due to leaching, remobilization and re-precipitation. The principal uranium mineral in volcanic deposits is pitchblende, which is usually associated with molybdenite and minor amounts of lead, tin and tungsten mineralization. Volcanic hosted uranium deposits occur in host rocks spanning the Precambrian to the Cenozoic but because of the shallow levels at which they form, preservation favors younger age deposits. Some of the more important deposits or districts are Streltsovskoye, Russia; Dornod, Mongolia; and McDermitt, Nevada. The average deposit size is rather small with grades of 0.02% to 0.2% UO.