Uranium & Metal Ore Mining - Industry Market Research Report

Digging in: Demand for industry products will inch downward as the use of substitutes increases

Companies in the Uranium and Metal Ore Mining industry in Canada mine molybdenum, platinum, palladium, uranium, cobalt, and a variety of metal bearing ores sold to various markets. Industry revenue is closely linked to the underlying prices of the commodities, which themselves are a function of global supply and demand conditions. The prices of these major commodities experience significant volatility. Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit. Revenue is expected to hike 3.5% in 2023 alone as a result of emerging downstream demand.

Companies in the Uranium and Metal Ore Mining industry in Canada mine molybdenum, platinum, palladium, beryllium, uranium and a range of other nonferrous metal-bearing ores, excluding gold, silver, copper, nickel, lead and zinc ores.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.