Top 10 Uranium Producing Countries in 2022.

Uranium, a crucial element in nuclear energy generation, has recently seen fluctuations in production and demand across the globe.

The global uranium market has faced challenges due to factors like the Fukushima disaster and the COVID-19 pandemic. However, the positive outlook on nuclear energy and geopolitical factors, such as the Russia-Ukraine conflict, have started to influence production and pricing.

Here’s a concise breakdown of the top 10 uranium-producing countries in 2022:

1. Kazakhstan

Production: 21,227 tonnes
Dominated the global scene since 2009, contributing to 43% of the global uranium supply in 2022.
Main Company: Kazataprom, the world’s largest uranium producer.

2. Canada

Production: 7,351 tonnes
Production has been recovering since the drop in 2020 due to the COVID-19 pandemic.
Key Mines: Saskatchewan’s Cigar Lake and McArthur River.

3. Namibia

Production: 5,613 tonnes
Overtook Australia in 2021 to claim the second spot but slipped to third in 2022.
Major Mines: Langer Heinrich and Rössing.

4. Australia

Production: 4,087 tonnes
Houses 28% of the world’s known recoverable uranium resources.
Notable Mine: Olympic Dam, the world’s largest-known deposit of uranium.

5. Uzbekistan

Production: 3,300 tonnes
Ascended to the top five in 2020 with the help of Japanese and Chinese joint ventures.
Main Company: Navoi Mining & Metallurgy Combinat.

6. Russia

Production: 2,508 tonnes
Recent geopolitical tensions may influence future output.
Lead Producer: Rosatom, overseeing the country’s Priargunsky mine.

7. Niger

Production: 2,020 tonnes
Home to mines that account for 5% of the world’s uranium production.
Major Mines: SOMAIR and COMINAK.

8. China

Production: 1,700 tonnes
Aims to diversify uranium sources domestically and internationally.
Main Company: China General Nuclear Power.

9. India

Production: 600 tonnes
Despite consistent production, India aims for significant growth in nuclear capacity.

10. South Africa

Production: 200 tonnes
Holds 5% of the world’s known uranium resources.

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