Survey of Energy Resources 2007
Uranium Country Notes
Exploration for uranium took place during the period 1955-1989, resulting in the identification of four uranium provinces. Proved reserves (RAR at
US$ 80-130/kgU) amount to 1 500 tonnes, of which 75% is regarded as recoverable. Unconventional resources are represented by possible by-product production of 3 000-9 000 tU from Talvivaara black shales and 2 500 tU from Sokli carbonatite.
Finland's past production of uranium has been limited to the minor quantity (circa 30 tU) produced by a pilot plant at the Paukkajanvaara mine in eastern Finland, which was operated from 1958 to 1961.
Recent years have witnessed a revival of interest in exploration for uranium, with a number of new licences being awarded by the Ministry of Trade & Industry in October 2006 and January 2007.