Top 10 Largest Uranium Mines, Number One in Canada

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Adi Ahdiat 29/08/2022 13:40 WIB

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Canada's Cigar Lake mine produced 4,693 tonnes of uranium in 2021, accounting for 10% of global uranium supply that year.

Top 10 Uranium Mines with the Highest Global Production Capacity (2021)

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Top 10 Largest Uranium Mines, Number One in Canada

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Top 10 Uranium Mines with the Highest Global Production Capacity (2021)

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The soaring price of fossil fuel commodities is prompting many countries to seek alternative energy sources. Nuclear power plants (NPPs) are attracting significant attention.

The strengthening trend towards nuclear energy will increase demand for uranium, a primary fuel for NPPs. Bannerman Energy CEO Brandon Munro predicts that China will be the largest source of this demand.

"China is building 10 large nuclear reactors per year for the next 15 years. This will make China the single largest market, given its very limited domestic uranium production," said Brandon Munro, as reported by *Stockhead* on Monday, August 29, 2022.

According to data from the World Nuclear Association (WNA), the uranium mine with the largest production capacity is located in Canada. The Cigar Lake mine in Canada produced 4,693 tons of uranium in 2021, equivalent to 10% of the global uranium supply that year.

Although the largest mine is in Canada, the world's largest uranium reserves are located in Australia. However, the Australian government restricts uranium exploitation in its territory due to environmental safety concerns. As of this year, Australia also continues to reject the use of nuclear energy.

"Nuclear reactors are unlikely to be developed in Australia unless there is a dramatic shift in international attitudes towards climate change and greenhouse gas mitigation," stated the Australian Parliament on its official website, cited Monday, August 29, 2022.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."