About HS Code 261210
Uranium ores and concentrates, primarily in the form of "yellowcake" (uranium oxide concentrate), are globally traded as the essential fuel for nuclear power generation. This commodity is of immense strategic importance due to its role in energy security and, controversially, in nuclear weapons programs. Major importers are countries with significant nuclear energy infrastructure, such as the United States, France, China, and Japan. Leading exporters are nations with substantial uranium deposits and established mining operations, including Kazakhstan, Canada, and Australia. The trade is heavily regulated by international bodies like the IAEA to prevent proliferation and ensure safe handling. Key considerations include long-term supply contracts, geopolitical stability in producing regions, and public perception of nuclear energy. The concentration of uranium, typically expressed as U3O8, is a critical factor in its valuation, alongside strict safety and security protocols governing its transportation and storage.
Products Under This Code
Uranium oxide concentrate (yellowcake), Uranium ore (raw), Uranium concentrate (U3O8), Uranium ore fines, Uranium leach residue, Uranium mill concentrate
Real World Examples
Cameco Corporation (Canada), Kazatomprom (Kazakhstan), Orano (France), Paladin Energy (Australia)
Common Misclassification
This code is distinct from enriched uranium (HS 284420) or depleted uranium (HS 284430), which are processed and often radioactive forms of uranium.
Products Classified Under 2612.10
Industry
This code belongs to the Minerals & Fuels industry.
Trade Overview
Kazakhstan, Canada, and Australia are the largest exporters, while the US, France, and China are major importers.
Frequently Asked Questions
What is HS code 261210?
HS code 261210 covers: Uranium ores and concentrates. Uranium ores and concentrates, primarily in the form of "yellowcake" (uranium oxide concentrate), are globally traded as the essential fuel for nuclear power generation. This commodity is of immense strategic importance due to its role in energy security and, controversially, in nuclear weapons programs. Major importers are countries with significant nuclear energy infrastructure, such as the United States, France, China, and Japan. Leading exporters are nations with substantial uranium deposits and established mining operations, including Kazakhstan, Canada, and Australia. The trade is heavily regulated by international bodies like the IAEA to prevent proliferation and ensure safe handling. Key considerations include long-term supply contracts, geopolitical stability in producing regions, and public perception of nuclear energy. The concentration of uranium, typically expressed as U3O8, is a critical factor in its valuation, alongside strict safety and security protocols governing its transportation and storage.
What products fall under HS code 261210?
Uranium oxide concentrate (yellowcake), Uranium ore (raw), Uranium concentrate (U3O8), Uranium ore fines, Uranium leach residue, Uranium mill concentrate
What are common misclassifications for HS code 261210?
This code is distinct from enriched uranium (HS 284420) or depleted uranium (HS 284430), which are processed and often radioactive forms of uranium.
How is HS code 261210 structured?
HS code 261210 is a 6-digit subheading under the Harmonized System. The first 2 digits (26) identify the chapter, digits 3-4 (12) identify the heading, and digits 5-6 (10) specify the subheading. This code is standardized globally by the World Customs Organization.