Uranium & Metal Ore Mining - Industry Market Research Report

Digging In: Metal Prices are Expected to Grow Slightly, But Overall Demand for Industry Products Will be Tempered by the Increasing Use of Substitutes

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 been climbing at a CAGR of 5.4% over the past five years and is expected to reach $4.0 billion in 2023, with growth in industry profit as well. 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.