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• Uranium is a silver-gray metallic chemical element.
• Uranium, not as rare as once thought, is now considered to be more plentiful than mercury, antimony, silver, or cadmium, and is about as abundant as molybdenum or arsenic.
• It occurs in numerous minerals such as pitchblende, uraninite, carnotite, autunite, uranophane, and tobernite.

Process

• Uranium is located in the earth's crust. However, it is not evenly spread, so it is only mined in the most profitable mineral deposits.
• Vast amounts have to be mined, since most rock contains very little uranium ore (below 0.5%).
• Radon gas and contaminated water leak from giant waste dumps and threaten the health of human and surrounding ecosystems.
• Large amounts of contaminated water can seep into theground water and further contaminate rivers.

Market

• The current uranium market is mainly a reflection of several partly interconnected economic, parameters reactor-related uranium demand, supply, and uranium prices.
• Uranium demand is based on nuclear electricity generating capacity, whose growth had been vastly overestimated in the past.
• The pricing of uranium has always been relatively opaque, because there is no terminal market quotation and full details of individual contracts are seldom released.

Application

• Uranium is used as a colorant in uranium glass, producing orange-red to lemon yellow hues.
•  It was also used for tinting and shading in early photography.
• Uranium is of great importance as a nuclear fuel.
• Crystals of uranium nitrate are triboluminescent.
• Uranium salts have also been used for producing yellow "Vaseline" glass and glazes.
   

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