Image source:https://www.nexgenenergy.ca/rook-1-project/default.aspx

As the global demand for nuclear energy grows, Canada is on the verge of becoming the world’s largest uranium exporter. NexGen Energy’s proposed Rook I uranium mine in Saskatchewan, awaiting approval from the Canadian Nuclear Safety Commission (CNSC), could substantially boost Canada’s role in the uranium market, supplying nuclear fuel to an increasing number of reactors worldwide.

Part 1 of the CNSC’s hearing was held in November 2025, with Part 2 wrapping up on Thursday. The project is now in the final approval phase, with its fate to be determined in the near future.

A Key Opportunity for Canada’s Uranium Industry

Located in Saskatchewan’s Athabasca Basin, one of the world’s richest uranium deposits, the Rook I mine could produce up to 14 million kilograms of uranium annually. This would significantly help Canada improve its standing as a global leader in uranium production. With many countries turning to nuclear energy to meet rising power demands and tackle climate change, the need for uranium is set to soar, and Canada’s vast resources are well-placed to meet that demand.

Economic and Global Impacts

The Rook I project provides major economic benefits for both Saskatchewan and Canada. NexGen estimates the mine will generate $38 billion in revenue and create hundreds of jobs over 24 years. The project has also committed to hiring 75 per cent of its workforce from nearby Indigenous communities, providing long-term career opportunities in a region that has lacked such opportunities.

On a global scale, the project would expand Canada’s international influence. As the demand for uranium increases, Canada stands to become a key supplier to the growing number of nuclear power plants worldwide, securing its position as an important player in the clean energy transition.

Environmental and Safety Factors

While the economic potential is immense, the Rook I project faces environmental backlash, primarily about water quality and wildlife. The mine is located on traditional Indigenous lands, where many communities rely on fishing and hunting. To reduce impact, NexGen has committed to advanced environmental protection standards, including water management and radiation safety measures.

The CNSC will thoroughly evaluate the project’s safety plans to comply with Canada’s strict environmental standards before granting approval.

Canada’s Role in the Global Clean Energy Shift

If approved, the Rook I mine could make Canada the world’s leading uranium exporter, helping meet global demand for clean energy. The decision will have wide-ranging impacts for Saskatchewan’s economy and Canada’s global energy role. While the world continues turning toward nuclear energy, Canada’s uranium resources could play a central role in powering the global clean energy future.