The world wants it, and Canada has it. We’re not talking about food, oil or gold, but rather another natural resource that is just as precious – uranium.
Today, Canada is the second-largest producer and exporter of this heavy metal. Home to the world’s third-largest reserves, all of Canada’s active uranium mines are located in northern Saskatchewan. The province’s uranium deposits are unique; they are the world’s largest high-quality deposits, with grades that are 10 to 100 times greater than the global average [2].
Therefore, it should come as no surprise that Canada stands as a global leader in high-grade uranium processing, with approximately 80% of our production exported to fuel nuclear power plants across North America, South America, Asia, and Europe [1]. With uranium demand projected to grow 28% by 2030 [3], our country has an immense opportunity to step up and become an even more crucial go-to supplier for the world’s increasing needs – creating prosperity for Canadian families here at home.
Canadian Uranium: Quick Facts
#1 - Canada is the second-largest producer of uranium in the world, accounting for 15% of global production in 2022 [1]
#2 - Canada is the world’s second-largest uranium exporter, accounting for 13% of global exporters in 2022 [1]
#3 - Canada is also home to the world’s third-largest uranium reserves, behind Australia (1st) and Kazakhstan (2nd) [1]
#4 - Northern Saskatchewan’s mines are home to the world’s largest high-grade deposits, with uranium grades anywhere from 10 to 100 times greater than the global average [1]
#5 - All of Canada’s operating mines and mills are situated in northern Saskatchewan
#6 - Ontario is home to Canada’s uranium processing, including refining, conversion, and fuel fabrication [1]
#7 - Approximately 80% of Canada’s uranium production is exported, primarily destined for North America and Latin America (64%), Asia (19%), and Europe (7%)
#8 - In 2022, 27% of uranium purchased by American nuclear reactors came from Canada, making our country the top foreign supplier to the U.S. [1]
Why is Global Uranium Demand Growing?
#1 – As governments look to solidify energy security and transition away from unreliable energy supply chains, nuclear is viewed as a reliable option for the baseload power needed to expand residential grids and generate heat and electricity to supplement energy-intensive industries required for economic growth [5]
#2 – As nations worldwide look to become global leaders in the artificial intelligence (AI) race, nuclear reactors are an obvious choice to supplement rapidly growing electricity needs [4]
#3 – Many countries, particularly the U.S., China, and Europe, are stockpiling uranium for strategic reasons and future energy generation, showing the increasing viability of nuclear power to meet rapidly growing global electricity demand [6]
How Does Supporting Uranium Mining Benefit Canadians?
Canada’s uranium mining and milling sector is an $800 million-a-year industry that directly employs over 2,000 Canadians at the mining sites and tens of thousands more indirectly [7][8]. As a global leader that exports approximately 80% of its production, a stronger uranium sector means a stronger Canadian economy.
Stepping up to help meet the projected 28% growth in global demand will create new, high-quality jobs, increase tax revenues that fund public services here at home and solidify Canada’s position as a reliable and indispensable energy partner to our allies around the world. This would strengthen our entire nation, from the local communities directly supported by mining jobs and business opportunities, to our country’s standing on the global stage.
Join Us Today!
Canada is at the forefront of powering the world with high-grade uranium that fuels reliable nuclear energy. By supporting our uranium mining industry, you are helping thousands of Canadian families, contributing to economic growth and prosperity, and fostering a stable, more secure world. Join us today on social media to learn more!
Global demand for energy continues to rise.
— Canada Action (@CanadaAction) August 29, 2025
In the years ahead, the world will need to tap into every available form of energy to power the global economy.
Canadian uranium and nuclear technology can—and should—be an important part of the solution. pic.twitter.com/FM6HPk5yWi
SOURCES:
1 - https://natural-resources.canada.ca/minerals-mining/mining-data-statistics-analysis/minerals-metals-facts/uranium-nuclear-power-facts
2 - https://natural-resources.canada.ca/energy-sources/nuclear-energy-uranium/uranium-canada
3 - https://www.reuters.com/business/energy/uranium-demand-set-surge-28-by-2030-nuclear-power-gains-momentum-wna-says-2025-09-05/
4 - https://www.pillsburylaw.com/en/news-and-insights/nuclear-power-powering-ai-driven-data-centers.html
5 - https://ca.rbcwealthmanagement.com/robert.clarke/blog/4188242-Nuclear-energy-sector-getting-the-push-it-needs
6 - https://investingnews.com/trump-admin-uranium-stockpile/
7 – https://natural-resources.canada.ca/energy-sources/nuclear-energy-uranium/uranium-canada
8 - https://www.oecd-nea.org/upload/docs/application/pdf/2022-08/7547_maximising_uranium_minings_social_and_economic_benefits.pdf