Demand Booming as Global Uranium Mining Market Expected To Reach $11.3 Billion By 2030
It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
- It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
- The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
- The report added: “Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons.
- Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.