Market research

Uranium ores and concentrates market in Russia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2019, Russia's uranium ore and concentrate production remained stable, with a slight increase from 2 904 t to 2 911 t. This growth was supported by the opening of a new uranium deposit in the Kurgan region, which began extraction and added to output capacity. State-owned Rosatom continued to control mining through its subsidiaries, employing in-situ leaching technology.

After 2019, production entered a downward trend, falling to 2 846 t in 2020 and further to 2 508 t in 2022. The significant drop in 2022 coincided with international sanctions that restricted enriched uranium exports and affected exploration activities, curtailing mining operations.

Throughout the period, Russia maintained substantial uranium reserves and a developed processing infrastructure. Hydrometallurgical in-situ leaching remained the primary extraction method, ensuring operational continuity despite external challenges.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Russia
  1. 5.1.1. Annual dynamics of production in Russia in kind, 2018-2022, t
  2. 5.1.2. Annual dynamics of production in Russia in value, 2018-2022, $ US
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
6. Trade balance
1. 6.1. Trade balance (Direct Data)
  1. 6.1.1. In kind, kg
  2. 6.1.2. In value, $ US
2. 6.2. Trade balance (Mirror Data)
  1. 6.2.1. In kind, kg
  2. 6.2.2. In value, $ US
7. Top buying and selling countries, 2018-2024
1. 7.1. Direct Data
  1. 7.1.1. Import in Value by Countries-buyers
  2. 7.1.2. Export in Value by Countries-suppliers
2. 7.2. Mirror Data
  1. 7.2.1. Import in Value by Countries-buyers
  2. 7.2.2. Export in Value by Countries-suppliers

Production uranium ores and concentrates in Russia

In kind, 2017-2020, t

From 2017 to 2020, Russia held the 7th position globally in the production of uranium ores and concentrates.

Top producers of uranium ores and concentrates, 2017-2020

Source: SHEV.io

World map of production of uranium ores and concentrates, 2017-2020

Source: SHEV.io

In 2020, Russia produced 2 846 tonnes of uranium ores and concentrates, representing a slight decline of 2.2% compared to 2019. Over the 2017-2020 period, production decreased by 2.4%, with a compound annual growth rate of 0.8%. The most significant increase occurred in 2019, when production rose by 0.2%.

Annual dynamics of production in Russia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.4%)	0.2%	(2.2%)	(0.8%)

Source: SHEV.io

Exports uranium ores and concentrates from Russia

Industry analysis indicates that Russia did not export any uranium ores and concentrates between 2017 and 2020.

Imports uranium ores and concentrates to Russia

Market research shows that Russia did not import any uranium ores and concentrates from 2017 to 2020.

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