Global Uranium Market Analysis

Date: 2016-01-05

Uranium is a very heavy metal which can be used as an abundant source of concentrated energy. The global uranium market is fueled by the surging demand for and dependency on nuclear energy, the production of uranium in 2015 is about 55600 metric tons the CAGR of uranium production between 2010 and 2015 is about 0.84%.
Figure Uranium Production Growth Trend

It learned that approximately 75% of the global uranium supply is through mining activity, the world’s largest uranium companies include Cameco, BHP Billiton, Areva, Katco, Kazatomprom, ARMZ, Paladin, Inkai, Rio Tinto, First Uranium Corp, Berkeley Resources. Around 54% of world production came from ten largest uranium mines. The largest uranium mines include McArthur River, Tortkuduk & Moinkum, Olympic Dam, SOMAIR, Budenovskoye 2, South Inkai, Priagunsky, Langer Heinrich, Inkai, Central Mynkuduk.
Figure Top Ten Uranium Mine Uranium Production Share


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