Natural uranium reserves are the basis of primary supply
Posted: Sun Feb 16, 2025 4:26 am
Against the backdrop of the “dual carbon” goals and clean energy transition, nuclear power has received increasing attention. The country strongly supports the development of nuclear power, and there is broad space and huge potential for the development of nuclear power.
CNEA predicts that by 2035, the proportion of nuclear power generation in my country's total power generation will reach 10%, doubling compared to 2022. The importance of nuclear power in my country's energy structure will be further enhanced, and my country's nuclear power industry has huge room for growth.
The development of nuclear energy will bring about a finland telegram data sustained and stable growth in the market demand for natural uranium.
Global uranium resources are highly concentrated and scarce. According to OECD-NEA and IAEA data, as of January 2021, the world's total proven uranium resources with a mining cost of less than US130kgU were 6.0785 million tU.
However, global uranium resources are unevenly distributed, mainly concentrated in Australia, Kazakhstan, Canada, Russia and Namibia. The uranium reserves of the above five countries account for 28%, 13%, 10%, 8% and 8% of the world's total reserves respectively. The top three uranium resource countries account for more than 50% of the resources.
According to WNA data, global natural uranium production continued to rise before 2016. Since 2017, some uranium producing countries have restricted their production due to low uranium prices, and global natural uranium production has begun to decline.
CNEA predicts that by 2035, the proportion of nuclear power generation in my country's total power generation will reach 10%, doubling compared to 2022. The importance of nuclear power in my country's energy structure will be further enhanced, and my country's nuclear power industry has huge room for growth.
The development of nuclear energy will bring about a finland telegram data sustained and stable growth in the market demand for natural uranium.
Global uranium resources are highly concentrated and scarce. According to OECD-NEA and IAEA data, as of January 2021, the world's total proven uranium resources with a mining cost of less than US130kgU were 6.0785 million tU.
However, global uranium resources are unevenly distributed, mainly concentrated in Australia, Kazakhstan, Canada, Russia and Namibia. The uranium reserves of the above five countries account for 28%, 13%, 10%, 8% and 8% of the world's total reserves respectively. The top three uranium resource countries account for more than 50% of the resources.
According to WNA data, global natural uranium production continued to rise before 2016. Since 2017, some uranium producing countries have restricted their production due to low uranium prices, and global natural uranium production has begun to decline.