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<br />RICHARD P. GODWIN <br /> <br />River Basin states in the near future will be the large expansion of the uranium mining and <br />milling industry, which is expected to produce over $600 million annually in revenues by <br />1980. <br /> <br />The increasing use of electrical interties and high voltage transmission will permit construc- <br />tion of both larger fossil and nuclear generating plants within the Colorado River Basin in <br />the ftlture, <br /> <br />Expected increases in power costs from fossil fueled plants due to air pollution particularly <br />in Los Angeles and San Francisco will encourage utilities to consider nuclear plants as poss- <br />ible alternative for future capacity addition, <br /> <br />Finally, dual purpose nuclear power-desalting projects will someday be used to augment <br />fresh water supplies to the lower Colorado River Basin states. <br /> <br />Thank yoU very much. <br /> <br /> U, S, URANIUM RESERVES <br /> JanuarY, 1961 <br />~ Tons of Ore % U308 Tons U308 <br />State (1000's) <br /> New Mexico 28,300 0,24 67,200 <br /> Wyoming 23AOO 0.22 53,000 <br /> Colorado 4,600 0.21 9,800 <br /> Utah 1,700 0,24 4,100 <br /> Others 3,000 0.21 6,900 <br /> <br />TOTALS <br />(rounded) <br /> <br />61,000 <br /> <br />0,23 <br /> <br />141,000 <br /> <br />-33- <br /> <br />