Building Canada's Uranium Supply: Nation Building in Action

Jobs for Saskatchewan, benefits for First Nations, and clean energy sovereignty for Canada — Rook I is ready.

- D.F. McCourt

The Building Canada Act is now the law of the land, but it remains to be seen exactly what shape this decisive new course for Canada will take. We've been told the goal is to fast-track large projects that will strengthen Canada's autonomy, security, and economy in a time of international uncertainty. In the context of an ongoing climate emergency and a looming global energy crisis, when we talk about "Building Canada," we must talk uranium.

Over a decade ago in Saskatchewan's Athabasca Basin, NexGen Energy discovered Arrow - one of the largest, highest grade uranium deposits on the planet. It has gained global notoriety amidst the rapidly growing and unprecedented demand for clean, reliable and affordable baseload energy. Once federally approved and in production, NexGen's Rook I Project will account for approximately 20 per cent of the world's current total uranium production, firmly establishing Canada as the world's largest supplier of uranium fuel.

The world looks to Canada for clean energy leadership

This new golden age of Canadian uranium mining is highly material to the world's nuclear fleet, especially at a time when global energy demands are skyrocketing with urgency and purpose. We're in a burgeoning energy crisis already, and it will only become starker as the developing world modernizes. And that was true even before electricity-hungry AI technologies started spreading like wildfire through all industries and all facets of life.