10 Countries that Export the Most Uranium in the World

4. Australia

Export: 5,672 tons in 2015

Australia has the largest uranium resources in the world. The country hosts 31% of global uranium and with commodity output of 5,672 tons; it is the third largest U3O8 producer. All produced uranium is exported and commodity shipments account for 35% of Australia’s energy export. As a party to the Nuclear Non-Proliferation Treaty, an international agreement which opposes nuclear weapons development, Australia sells uranium only to countries which are going to use it for electricity production. The profit generated from U3O8 shipments peaked in 2009 reaching the sum of 1.1 billion of Australian dollars. In the following years, export started to decline due to production decrease at Olympic Dam and global decline in uranium prices. The leading importers of Australian uranium are the United States, EU countries, Japan, and South Korea.