Nuclear & Uranium

United States, 2022

Canada, July 2023

U.S. figures count employer establishments (physical locations); Canadian figures count business locations with employees. The two measures are not directly comparable. US NAICS 2022 merged uranium into 212290; CBP 2022 uses NAICS 2017 where 212291 still exists. Many nuclear plants are utility/government owned.

Uranium and nuclear businesses operate under strict licensing, and their long-term supply contracts, reserves and regulatory exposure are central to their value.

• Licences: the regulatory approvals required to mine, process or generate
• Long-term supply contracts: the volume and pricing of contracted sales
• Reserves: the quality and quantity of uranium resources
• Regulatory risk: exposure to changes in nuclear policy and regulation

Sources

1. U.S. Census Bureau, County Business Patterns 2022 (average payroll per employee calculated from published payroll and employment)
2. Statistics Canada, Table 33-10-0806-01, Canadian Business Counts, with employees, June/July 2023 (share with 1–99 employees calculated)

Minerva's CBVs value uranium and nuclear businesses for family law matters, tax and estate planning, and transactions.