PUBLISHER: GlobalData | PRODUCT CODE: 1990884
PUBLISHER: GlobalData | PRODUCT CODE: 1990884
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.