5 Countries with the Largest Uranium Reserves in the World in 2024

In this article, we explore the top 5 countries with the largest uranium reserves in the world in 2024. If you want to read our detailed analysis, you can go to 15 Countries with the Largest Uranium Reserves in the World in 2024.

5. Namibia

Total Uranium Reserves: 425,500 MT

Namibia, with its uranium reserves of 425,500 metric tons, ranks 4th in our list of the top 15 countries with the largest uranium reserves in the world in 2024. Significant foreign investments have been attracted to expand existing mines and explore new deposits in the country. Notably, the expansion of the Husab and Rössing mines, two of the largest uranium mines in the world, is expected to greatly increase Namibia’s uranium production to meet the growing global demand for nuclear energy.

In May this year, Hertz Energy submitted applications for exclusive prospecting licenses (EPLs) to explore new uranium claims in Namibia. These claims, particularly in the Erongo region, show promising radiometric anomalies, indicating significant uranium deposits, further cementing Namibia’s position in the top 15 countries with the largest uranium reserves in the world in 2024