A look at Canada’s uranium mining industry and its plan for nuclear plants
CIGAR LAKE, SASK. — After about a decade of stagnation, the nuclear industry is now seeing what some are calling a renaissance. Here’s a look at the sector in Canada and its future plans.
Canada is the world’s second-largest uranium producer
In 2024, Canada produced 14.3 kilotonnes of uranium or about $3 billion in production value. The radioactive material is used to create electricity in most nuclear power plants.
The world’s top producer is Kazakhstan.


