5 Countries With the Largest Uranium Reserves in the World

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1. Commonwealth of Australia

Uranium Reserves as of 2019 in tonnes: 2,049,400

The Commonwealth of Australia, or simply Australia, is an Oceanian country. Despite being the world’s second largest uranium producer in 2021 by having produced 4,192 tonnes, Australia does not have a nuclear power plant. The country’s Olympic Dam mine is the world’s largest known deposit of uranium, and key players in the uranium mining industry are BHP Group Limited (NYSE:BHP) and Rio Tinto Group (NYSE:RIO).

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