Uranium Supply Constraints May Challenge Global Nuclear Expansion Plans

Global uranium production to dip by 50% by 2040 as demand set to double, says IAEA report; forecast could pinch India too

NEW DELHI: Global uranium supply constraints would witness mining production drop by at least 50% by 2040 even as demand is set to double, according to

IAEA Warns: Uranium Supply Halved, India's Energy Security at Risk

India's strategic roadmap to expand its nuclear power capacity to 100 GW by 2047 faces a significant structural headwind as global uranium supplies enter a period of severe contraction. According to the latest report from the International Atomic Energy Agency (IAEA), global uranium mining production is projected to plummet by at least 50% by 2040, creating a stark divergence between available supply and rising consumption. The economic imbalanc…

Uranium supply constraints may challenge global nuclear expansion plans

IAEA says production from existing mines could fall by at least 50% by 2040 even as demand rises sharply by 2050

Global Nuclear Expansion Faces Uranium Supply Challenge as Existing Mines Decline: IAEA

Get latest articles and stories on Business at LatestLY. Global plans to expand nuclear power capacity could face growing challenges from uranium supply constraints, as production from existing mines is projected to decline sharply even as demand for nuclear fuel rises, according to the International Atomic Energy Agency's (IAEA) Nuclear Technology Review 2026. Business News | Global Nuclear Expansion Faces Uranium Supply Challenge as Existing M…