Russia's global uranium share may rise to 36%, raising Western concerns over a repeat of the energy dependence crisis
智通财经2026/09/08 01:36- The UK Financial Times, citing research by CSA, reports that by 2040 Russia's share of global uranium supply could increase to 36% (including overseas assets), bringing Western dependence on Russian uranium to a level comparable to their reliance on Russian oil and natural gas in 2022.
- Russia's strengthened market position comes amid a global uranium supply shortage—caused by limited investor interest and delays in issuing new mining permits—while the ongoing construction of new nuclear power plants continues to drive up future demand.
- Russia is expanding uranium mining through projects in Tanzania and Namibia as well as cooperation with Niger; although the European Commission has announced plans to ban imports of Russian uranium starting from October 2025, Russia currently remains the main supplier of enriched uranium for European reactors.
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