EconomyRussia could control a third of the world’s uranium production by 2040
Analysts at the British Center for Strategic Advantage say Russia could directly or indirectly control one-third of global uranium production within 15 years. Including Uranium One’s overseas mines, Russia accounted for nearly a quarter of global mining capacity in 2024, a share the group projects could reach 36% by 2040. Industry representatives are seeking government guarantees before investing in new production.
MMeduza★★★★☆2026-09-07 15:49Original
Russia could control a third of the world’s uranium production by 2040