According to GlobalData, Australia is the world’s fourth-largest producer of uranium, with output of 5,051Tonnes in 2022, up by 21% on 2021. Over the five years to 2021, production from Australia decreased by a CAGR of 8.12% and is expected to rise by a CAGR of 1% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Uranium Mining to 2026 report. Buy the report here.
Australia accounts for 10% of global production, with the other largest producers being Kazakhstan (42%), Canada (15%), Namibia (11%) and Uzbekistan (7%).
Leading producers of uranium in Australia are BHP and Rio Tinto. BHP's output was 2.27kt in 2021, down by 37% on 2020. Rio Tinto produced 0.03kt, a decrease of 98% on the previous year.
For more detailed analysis of global uranium mining, buy the report here.