Published 25 days ago • loading... • Updated 24 days ago

US and European energy groups at risk from uranium supply crunch

Summary by Financial Times

Metal used to power reactors faces shortages as demand for nuclear power rises

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thedailyupside.com

A Uranium Crunch Looms Over Nuclear’s Parade

Uranium doesn’t grow on trees, which is generally a good thing but its scarcity has been murder on the suddenly ascendant nuclear industry. The sector has been soaring on an atomic tailwind thanks to the energy demands of AI-hungry tech companies, but dwindling uranium supplies could gum things up, the Financial Times reported on Monday. On top of a diminishing pile of uranium, there’s also the awkward geopolitical fact that its top producer, Ka…

24 days ago

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Oil Price

The West Faces Uranium Shortage Amid Competition From China and Russia

US companies in the nuclear energy supply chain face growing competition from China and Russia for uranium, raising concerns about potential supply shortages.

24 days ago·London, United Kingdom

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Financial Times

US and European energy groups at risk from uranium supply crunch

Metal used to power reactors faces shortages as demand for nuclear power rises

25 days ago·London, United Kingdom

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Oil & Gas 360

The west faces uranium shortage amid competition from China and Russia – Oil & Gas 360

(Oil Price) – 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 a

24 days ago·Denver, United States

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Stockhead

Kristie Batten: Greenvale plots course on Australia’s big uranium roadmap

One of Australia’s top mining journalists, Kristie Batten writes for Stockhead every week in her regular column placing a watchful eye on the movers and shakers of the small cap resources scene. Greenvale Energy (ASX:GRV) executive chairman Neil Biddle estimates Australia could end up being home to half of the world’s uranium resources – and the company wants to get in on the action. “The reason we’re going into uranium in a big way is because…

25 days ago

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