Global Uranium Mining Output Expected To Rise 11.7% in 2024 Due To Kazakh and Canadian Growth
Uranium Energy Corp. (UEC)
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Source: GlobeNewswire
PALM BEACH, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Uranium production is projected to grow this year and in the years to come. A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024. The increase will predominantly be fueled by rising output from key producers such as Kazakhstan and Canada. Kazakhstan is expected to deliver the highest uranium production growth in 2024, driven by the planned higher output from the country’s largest uranium producer, Kazatomprom. The continuous ramp-up of Canada’s McArthur River uranium mine will also contribute to the global increase. The report added: “Uranium output to rise 11.7% in 2024 due to Kazakh and Canadian growth… and production will be bolstered by the ramp-up of Canada’s McArthur River mine. Kazakhstan accounted for 37.3% (20.1kt) of total global uranium supply in 2023. Despite a 5.1% dip in output in 2023 d
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UEC
Earnings
- 3/8/24 - In-Line
UEC
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form SD
- 4/2/24 - Form 10-K/A
- UEC's page on the SEC website