This was announced at a press conference held by Energy and Natural Resources Minister Chris Beaudry, who highlighted the growth that the sector is seeing.
“Saskatchewan is a premier global mining jurisdiction that is in a growth phase. I’m sure everyone has heard of potash product from new projects, new uranium production that’ll be coming online in five or so years,” said Beaudry.
Potash and uranium are the main drivers of this growth, with the potash industry reporting $9.3 billion in sales and the uranium industry reporting $3.2 billion.
“These two industries have been foundations of our provincial economy for decades, and the people of Saskatchewan continue to reap the benefits that the potash and uranium industries generate every year,” Beaudry continued.
The rising price of uranium is contributing to increased revenues. The provincial target for 2030 was broken five years early.
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