Part 1/7:

The Resurgence of Nuclear Power and its Supply Challenges

Nuclear power has seen a significant revival over the past few years as nations aim to combat climate change through low-carbon energy solutions. With a global push towards sustainability, there are currently about 60 nuclear reactors under construction worldwide, and an additional 110 reactors planned for the future.

The Urgent Demand for Uranium

The primary ingredient for these reactors—uranium—is undergoing a dramatic transformation as demand escalates. By 2040, predictions suggest that global demand for uranium could reach 130,000 tons, reflecting the rising trend among countries to seek cleaner energy alternatives.