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In 2019 Australia exported 6,613 tonnes (15 million pounds) of uranium, 12% of world production, for use in nuclear power generation. [3] IAEA and the OECD's NEA reported that the price of uranium in 2019 was $130/kg, and estimated that 35% of the world's uranium resource reserves was in Australia (1,748,100 tonnes out of 4,971,400 tonnes).
This contains lists of countries by uranium production. The first two lists are compiled by the World Nuclear Association , and measures uranium production by tonnes mined. The last list is compiled by TradeTech, a consulting company which specializes in the nuclear fuel market.
The world's largest producer of uranium is Kazakhstan, which in 2019 produced 43% of the world's mining output. Canada was the next largest producer with a 13% share, followed by Australia with 12%. [1] [2] Uranium has been mined in every continent except Antarctica.
The largest conventional uranium mines are Cigar Lake and McArthur River (Canada); Ranger and Olympic Dam (Australia); Krasnokamensk (Russia) and Rossing (Namibia). The largest uranium producers are Cameco, Rio Tinto, Areva, KazAtomProm and ARMZ-TVEL. The production methods employed are conventional underground and open cast (50%) and in-situ ...
Australia has one nuclear reactor at Lucas Heights, New South Wales, which is only used to produce radionuclides for nuclear medicine, and does not produce electricity. Australia hosts 33% of the world's proven uranium deposits, and is currently the world's third largest producer of uranium after Kazakhstan and Canada. [1]
Australia exports of uranium oxide are subject to strict safeguards and non-proliferation conditions to ensure that Australian uranium is only used for peaceful purposes. After more than 31 years of operations and the production of more than 110,000 tonnes of uranium oxide, open pit mining at Ranger mine ceased, with the closure of Pit 3 in ...
Kazakhstan, Canada, and Australia were the top three uranium producers, respectively, and together account for 68% of world production. Other countries producing more than 1,000 tons per year included Namibia, Niger, Russia, Uzbekistan and China. [2] Nearly all of the world's mined uranium is used to power nuclear power plants.
Rio Tinto's uranium operations were located at two mines: the Ranger Uranium Mine of Energy Resources of Australia and the Rössing uranium mine in Namibia. The unit is now focused on mine rehabilitation. The company was the third-largest producer of uranium in the world.