According to GlobalData, Australia is the world’s fourth-largest producer of uranium in 2022, with output 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 largest producers being Kazakhstan, Canada, Namibia and Uzbekistan.
Leading producers of uranium in Australia are BHP and Rio Tinto. During 2020-2021, BHP's output was down by 37%, Rio Tinto's output decreased by 98%.
For more detailed analysis of global uranium mining, buy the report here.
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