Global Uranium Mining Market Analysis by Reserves, Production, Assets, Demand Drivers and Forecast to 2035

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GlobalData’s “Global Uranium Mining to 2035” provides a comprehensive coverage on the global Uranium industry. It provides historical and forecast data on uranium production by country, production by company, reserves by country and world uranium prices. The report also includes a demand drivers section providing information on factors that are affecting the global uranium industry. It further profiles major uranium producers, information on the major active, planned and exploration projects by region.

Global uranium production is estimated to have increased by 6.1% to 63.9kt in 2025, with growth led primarily by Kazakhstan, followed by the US, Canada, Namibia and Uzbekistan. Rising climate-policy focus and the need for low-carbon power generation continued to support renewed interest in nuclear energy, reinforcing the demand backdrop for primary uranium supply.
Looking ahead, global uranium production is expected to increase further in 2026 to 70.4kt, up 10.1% over 2025. Growth is expected to be led by Kazakhstan and the US, followed by Canada, Niger, Namibia and Australia, with combined production from these countries forecast to rise from 53.8kt in 2025 to 59.9kt in 2026. Kazakhstan’s growth is expected to be driven by continued ramp-up at the JV Budenovskoye mine.

Scope

The report contains an overview of the global uranium mining industry including key demand driving factors affecting the global uranium mining industry. It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects.

Reasons to Buy

To gain an understanding of the global uranium mining industry, relevant driving factors

To understand historical and forecast trend on global uranium production

To identify key players in the global uranium mining industry

To identify major active, exploration and development projects by region

Kazatomprom
ROSATOM
Cameco Corp
BHP
Orano

Table of Contents

Executive summary

Reserves and resources

Uranium production

Competitive landscape

Uranium prices

Major active mines

Major development projects

Major exploration projects

Demand

Appendix

Table

Table 1: Recoverable resources of uranium by country (tonnes of uranium), 2019 8

Table 2: Active mines in Australia by total ore reserves (million tonnes) 9

Table 3: Active mines in Kazakhstan by ore reserves (million tonnes) 9

Table 4: Historical and forecast uranium production (thousand tonnes), 2006–26 12

Table 5: Historical and forecast uranium production by country (thousand tonnes), 2010–26 14

Table 6: Uranium production in Kazakhstan (thousand tonnes), 2010–26 16

Table 7: Uranium production in Canada (thousand tonnes), 2010–26 18

Table 8: Uranium production in Namibia (thousand tonnes), 2010–26 20

Table 9: Uranium production in Australia (thousand tonnes), 2010–26 22

Table 10: Uranium mines count by country and stage, 2022 25

Table 11: Active mines by country, 2022 26

Table 12: Development projects by country, 2022 28

Table 13: Exploration Projects by Country, 2022 30

Table 14: Major nuclear reactors that started construction (MWe) 33

Table 15: Nuclear reactors that started operation in 2022 (MWe) 33

Table 16: Nuclear reactors that started construction in 2022 (MWe) 34

Table 17: Kazatomprom, major projects, 2022 35

Table 18: Rosatom, major projects, 2022 36

Table 19: China National Nuclear Corp., major projects, 2022 38

Table 20: Orano SA, major projects, 2022 39

Table 21: Cameco Corp., major projects, 2022 40

Table 22: BHP, major projects, 2022 41

Figures

Figure 1: Recoverable resources of uranium by country (%), 2019 7

Figure 2: Historical and forecast uranium production (thousand tonnes), 2006–26 10

Figure 3: Production by country (thousand tonnes), 2010–26 13

Figure 4: Uranium production by major companies and mines (%), 2021 14

Figure 5: Uranium production in Kazakhstan (thousand tonnes), 2010–26 15

Figure 6: Uranium production in Canada (thousand tonnes), 2010–26 17

Figure 7: Uranium deposits and nuclear plants in Canada, 2021 18

Figure 8: Uranium production in Namibia (thousand tonnes), 2010–26 19

Figure 9: Uranium production in Australia (thousand tonnes), 2010–26 21

Figure 10: Global uranium prices ($/lb), 2015–22 23

Figure 11: Uranium mine count by country and stage, 2022 24

Figure 12: Global nuclear electricity generation by country (TWh), 2010–26 32

Figure 13: Nuclear electricity generation by country (%), 2021 32

Figure 14: Nuclear operable reactor net capacity by country (MWe), September 2022 33

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