Credit: NexGen EnergyCanada has the resources and project pipeline needed to achieve the federal government’s goal of doubling uranium exports by 2035, but success will hinge on execution, according to a mining risk expert at Marsh Canada. Canada produces yellowcake and uranium dioxide and does not have domestic enrichment facilities because its flagship CANDU reactors run on natural, unenriched uranium. The comments come after Ottawa unveiled its national uranium strategy in June, which aims to double exports by 2035 while strengthening domestic supply chains, supporting Indigenous participation and positioning the country as a secure supplier of nuclear fuel. According to Munoz, Canada’s resource base is not in question. Policy, capital and uranium pricesWhile the industry has sufficient geological potential, Munoz identified execution as the principal risk facing the strategy.