Kazakhstan, which provides 40% of the world’s mining, sells two -thirds of Russia, China and the domestic market in 2023, while part of supplies in the USA, Canada, France and the UK dropped to 28%.
The United States and Europe face a growing risk of uranium deficiency against the background of an increase in demand for nuclear energy. The main supplier, Kazakhstan, reorients deliver to Russia and China, reducing the presence of raw materials for western countries. This has been reported by the Financial Times.
According to analysts, Moscow and Beijing are actively competing for resources in Central Asia and Africa, increasing the pressure on the market. At the same time, uranium reserves, which remained after the accident at the fukushim nuclear power plant, gradually run out.
Western States plans to significantly expand the use of nuclear energy until 2050, but current supply problems can threaten these plans.
Kazakhstan, which provides 40% of the world’s mining, sells two -thirds of Russia, China and the domestic market in 2023, while part of supplies in the USA, Canada, France and the UK dropped to 28%.
An additional risk was created by Niger, a major Uranus supplier for European nuclear strength plants, which last year reduced EU exports to a third.
Experts are warning: If the West does not take steps to ensure a stable supply chain, the global nuclear energy may appear before serious challenges.
Earlier it was learned that Russia would give China’s uranium mines in Kazakhstan. The Uranus reserves in Kazakhstan, which to this day do not have a nuclear power plant, forming almost 15% of all worlds and only less in Australia.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.