Uranium Risks Becoming the Next Critical Minerals Crisis

Faced with the most serious energy crisis since the 1970s, the world is turning back to one of the biggest beneficiaries of the 1973 oil embargo: nuclear power.

That’s good news, but we should take care. This solution to 2022’s energy security problems risks creating its own energy security headache down the road.

That’s because uranium’s supply chain is as susceptible to geopolitical manipulation as those for natural gas, cobalt, and rare earths. If developed countries want to count on atomic energy as a reliable source of zero-carbon power in the 2030s and 2040s, they’re going to need to start locking down the mineral resources now.

Nearly three-quarters of nuclear generation happens in Europe, North America, and developed parts of Asia. Rich nations and their allies, however, provide just 19% of the 75,000 metric tons of uranium oxide needed to fuel those reactors each year. China, the former Soviet Union, Iran and […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet