The West Faces Uranium Shortage Amid Competition From China And Russia
By Tsvetana Paraskova of OilPrice.com
American and European companies in the nuclear energy supply chain have become increasingly vulnerable to a possible supply shock in the uranium market amid fierce resource competition from China and Russia and the planned surge in nuclear power generation to meet electricity demand.
As many countries are now looking to nuclear power to cut emissions and reliance on imports of oil and gas, and meet the growing power demand from AI and data centers, they would need more uranium supply.
But China and Russia have moved to secure supply from African countries and are buying the key nuclear fuel from Kazakhstan, which is the biggest producer of uranium in the world and prefers to keep its sales diversified.
Not all in the nuclear power industry and the energy companies in the West have realized that competition for uranium supply is leading to a supply crunch, industry executives have told the Financial Times.
“We’re on a depletion curve that I don’t think many customers have realised,” Cory Kos, vice-president of investor relations at Cameco, the biggest western supplier based in Canada, told FT.
Amid plans for expansion of nuclear power generation in many countries, including in the United States, uranium demand is set to surge in the coming years and decades, while Western companies are seeing increased competition from China and Russia for supply.
“Russia and China are rapidly expanding their offtake of mined uranium from international partners, uranium enrichment capabilities, and nuclear infrastructure,” Gracelin Baskaran and Meredith Schwartz with the Washington D.C.-based Center for Strategic and International Studies (CSIS) wrote in a report earlier this month.
“To strengthen uranium and nuclear fuel supply chains, the United States must work with allies, implement conducive trade and tariff policies, and invest in both domestic enrichment capacity and uranium ore production abroad,” they noted.
Tyler Durden Tue, 02/18/2025 – 06:30
Source: https://freedombunker.com/2025/02/18/the-west-faces-uranium-shortage-amid-competition-from-china-and-russia/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,676,455,633 |
| Stories: | 8,350,819 |
Whistler Blowers, Insiders
