The market is dominated by foreign suppliers, as imports account for 90.5% of total market size in 2023. B2B drives market demand, with B2B spending representing 93.1% of total demand in 2023. The US has the third largest market size for mining of uranium and thorium ores across the top five developed countries, with demand reaching USD182 million in 2023. Cameco Inc is the largest company in the US, generating 32.8% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 37.6% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 6.8% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 16.6% of production value in 2023, the third highest across the top five developed countries. The industry’s exports share decreases in 2023 to 33.0% of total production output. With production value of USD23.6 million, the US accounts for 1.1% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Mining of Uranium and Thorium Ores in the US: ISIC 12. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Uranium and Thorium Ores in the US: ISIC 12 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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