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Canada’s Resource Cities: Fredericton

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Canada's Resource Cities: Fredericton

Canada’s Resource Cities: Fredericton

In this series of five infographics, we will be highlighting some of Canada’s most intriguing resource cities. Today’s post is sponsored by the Canadian Chamber of Commerce and the Fredericton Chamber of Commerce.

What makes Fredericton one of Canada’s most prominent resource cities?

The official motto of New Brunswick’s capital city is “Fredericton, noble daughter of the forest”. This is fitting, because the city and surrounding area has a wealth of forests, minerals, and value-added services. As a result, the city is becoming a strong natural resource research hub that will create wealth in New Brunswick and Canada for decades to come.

Some interesting facts on Fredericton and the region covered in this infographic:

  • Forestry has been a cornerstone of the city’s history, and the sector contributes $2 billion in output to the provincial GDP.
  • 22,000 men and women are employed directly or indirectly through the province’s forestry sector.
  • Mining exploration expenditures have tripled since 2009 to $34 million in 2014.
  • The New Brunswick government has received over $90 million in royalty payments for the province’s mining and forestry sectors. It’s enough to pay for 50% of the province’s drug programs.
  • The number of bioscience companies in the province have quadrupled over the last decade. Employment has risen 15% per year for the last 10 years.
  • The University of New Brunswick contributes $385 million to the provincial economy and Fredericton community. 25% of graduates work in natural resource sectors or related fields.

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Energy

Charted: Global Uranium Reserves, by Country

We visualize the distribution of the world’s uranium reserves by country, with 3 countries accounting for more than half of total reserves.

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A cropped chart visualizing the distribution of the global uranium reserves, by country.

Charted: Global Uranium Reserves, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

There can be a tendency to believe that uranium deposits are scarce from the critical role it plays in generating nuclear energy, along with all the costs and consequences related to the field.

But uranium is actually fairly plentiful: it’s more abundant than gold and silver, for example, and about as present as tin in the Earth’s crust.

We visualize the distribution of the world’s uranium resources by country, as of 2021. Figures come from the World Nuclear Association, last updated on August 2023.

Ranked: Uranium Reserves By Country (2021)

Australia, Kazakhstan, and Canada have the largest shares of available uranium resources—accounting for more than 50% of total global reserves.

But within these three, Australia is the clear standout, with more than 1.7 million tonnes of uranium discovered (28% of the world’s reserves) currently. Its Olympic Dam mine, located about 600 kilometers north of Adelaide, is the the largest single deposit of uranium in the world—and also, interestingly, the fourth largest copper deposit.

Despite this, Australia is only the fourth biggest uranium producer currently, and ranks fifth for all-time uranium production.

CountryShare of Global
Reserves
Uranium Reserves (Tonnes)
🇦🇺 Australia28%1.7M
🇰🇿 Kazakhstan13%815K
🇨🇦 Canada10%589K
🇷🇺 Russia8%481K
🇳🇦 Namibia8%470K
🇿🇦 South Africa5%321K
🇧🇷 Brazil5%311K
🇳🇪 Niger5%277K
🇨🇳 China4%224K
🇲🇳 Mongolia2%145K
🇺🇿 Uzbekistan2%131K
🇺🇦 Ukraine2%107K
🌍 Rest of World9%524K
Total100%6M

Figures are rounded.

Outside the top three, Russia and Namibia both have roughly the same amount of uranium reserves: about 8% each, which works out to roughly 470,000 tonnes.

South Africa, Brazil, and Niger all have 5% each of the world’s total deposits as well.

China completes the top 10, with a 3% share of uranium reserves, or about 224,000 tonnes.

A caveat to this is that current data is based on known uranium reserves that are capable of being mined economically. The total amount of the world’s uranium is not known exactly—and new deposits can be found all the time. In fact the world’s known uranium reserves increased by about 25% in the last decade alone, thanks to better technology that improves exploration efforts.

Meanwhile, not all uranium deposits are equal. For example, in the aforementioned Olympic Dam, uranium is recovered as a byproduct of copper mining occurring at the same site. In South Africa, it emerges as a byproduct during treatment of ores in the gold mining process. Orebodies with high concentrations of two substances can increase margins, as costs can be shared for two different products.

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