What is China’s role in the uranium market

Investing.com -- China's growing demand for uranium is shaping the global market as the country intensifies its reliance on nuclear energy and potentially expands its nuclear arsenal, according to Citi analysts.

As of 2024, China's utilities require 14.6 kt U , or 22% of global uranium demand, a figure expected to rise to 24.6 kt U , or 28% of global demand by 2030.requirements by utilities would increase every single year as the country is actively building its nuclear fleet," adds Citi."The base case assumes cumulative uranium demand by China of 250 kt U between now and 2035."

Citi explains that China's current uranium stockpiles stand at approximately 173 kt U , built largely through imports from Central Asia and Africa.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

South Korea market watchdog highlights pension fund's role in market reformsSouth Korea market watchdog highlights pension fund's role in market reforms
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

China's PDD suffers $40 billion market cap wipeout after flagging an uncertain marketChina's PDD suffers $40 billion market cap wipeout after flagging an uncertain market
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

China regulates bond market based on market principles, state media saysChina regulates bond market based on market principles, state media says
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

The Role Market Makers Play in Managing Markets and LiquidityMarket makers play a crucial role in stabilizing the volatile world of cryptocurrency, here's how
Herkunft: Utoday_en - 🏆 295. / 63 Weiterlesen »

Uranium market under pressure, but long-term outlook remains positiveNo 1 source of global mining news and opinion
Herkunft: mining - 🏆 449. / 53 Weiterlesen »