Uranium purchases and prices: “Owners and operators of U.S. civilian nuclear power reactors (“civilian owner/operators” or “COOs”) purchased a total of 57 million pounds U₃O₈e (equivalent¹) of deliveries from U.S. suppliers and foreign suppliers during 2013, at a weighted-average price of $51.99 per pound U₃O₈e. The 2013 total of 57 million pounds U₃O₈e decreased slightly compared with the 2012 total of 58 million pounds U₃O₈e. The 2013 weighted-average price of $51.99 per pound U₃O₈e decreased 5% compared with the 2012 weighted-average price of $54.99 per pound U₃O₈e. Seventeen percent of the 57 million pounds U₃O₈e delivered in 2013 was U.S.-origin uranium at a weighted-average price of $56.37 per pound. Foreign-origin uranium accounted for the remaining 83% of deliveries at a weighted-average price of $51.13 per pound. Uranium originating in Kazakhstan, Russia and Uzbekistan accounted for 35% of the 57 million pounds. Australian-origin and Canadian-origin uranium together accounted for 32%. The remaining 16% originated from Brazil, China, Czech Republic, Germany, Hungary, Malawi, Namibia, Niger, Portugal, and South Africa. COOs purchased uranium of three material types for 2013 deliveries from 33 sellers, one more than in 2012. Uranium concentrate was 55% of the 57 million pounds U₃O₈e delivered in 2013. Natural UF₆ was 33% and enriched UF₆ was 12%. During 2013, 20% of the uranium was purchased under spot contracts at a weighted-average price of $43.83 per pound. The remaining 80% was purchased under long-term contracts at a weighted-average price of $54.00 per pound. Spot contracts are contracts with a one-time uranium delivery (usually) for the entire contract and the delivery is to occur within one year of contract execution (signed date). Long-term contracts are contracts with one or more uranium deliveries to occur after a year following the contract execution (signed date) and as such may reflect some agreements of short and medium terms as well as longer term.”