A Visual Capitalist chart built on World Nuclear Association data tracks annual uranium production by country from 2015 through 2024. The graphic shows how market prices shaped output across producing nations over the decade.

World production totaled 60,213 tonnes of uranium in 2024, close to the 60,342 tonnes recorded in 2015. Output bottomed at 47,731 tonnes in 2020, when weak market conditions and pandemic disruptions forced mine shutdowns, then climbed each year as prices recovered.

US production followed the sharpest swing of any major producer on the chart. American mines produced 1,256 tonnes in 2015. Output collapsed to just six tonnes in 2020 as low prices made domestic mining uneconomical. The sector has since restarted on higher uranium prices and restrictions on Russian uranium imports, and US production reached 260 tonnes in 2024. That figure remains a fraction of the 2015 level.

Kazakhstan led global supply with 23,270 tonnes in 2024, more than one-third of world output, relying on low-cost in-situ recovery mining. Canada ranked second at 14,309 tonnes after restarts at Cigar Lake and McArthur River lifted output from 3,885 tonnes in 2020. Namibia produced 7,333 tonnes, and Australia produced 4,598 tonnes. Niger fell from 4,116 tonnes in 2015 to 962 tonnes in 2024.

The data places US producers in a small but growing position within a market dominated by a handful of countries. In-situ recovery operations in Wyoming and Texas account for most of the recent US restart activity, and several US producers reported rising output through 2026 as uranium spot prices held in the 80 to 90 dollar per pound range.

Source: Visual Capitalist - https://elements.visualcapitalist.com/ranked-the-worlds-largest-uranium-producers/