Russia uranium production threatens European energy security

uranium supply nuclear energy security Rosatom energy dependency uranium mining

Europe faces a growing risk of energy dependency on Russia regarding nuclear fuel. Reports indicate that by 2040, Russia could control more than one-third of the world's mined uranium, potentially mirroring the continent's previous reliance on Russian natural gas.

In 2024, Russia's market share of major global uranium sources was nearly one-quarter when accounting for both domestic production and international mines under Russian control. A key player in this sector is Uranium One, a subsidiary of Rosatom, which manages approximately 30,000 tonnes of mining capacity at several sites in Kazakhstan.

Supply concerns are intensified by current shortages in Europe, which experts attribute to a lack of investor interest and significant delays in the permitting processes for new development projects.

Entities

Centre for Strategic Advantage · European Union · Financial Times · Nghệ An · PV Power · Rosatom · Russia · Uranium One

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] European nuclear fuel supply concerns are exacerbated by investor disinterest and delays in permitting new projects. giaoducthoidai.vn · soha.vn
[● 2 SOURCES] Russia could control more than one-third of mined uranium by 2040. giaoducthoidai.vn · soha.vn
[● 2 SOURCES] Russia's market share of total global production for major uranium sources in 2024 was nearly one-quarter. giaoducthoidai.vn · soha.vn
[● 2 SOURCES] Uranium One, a Rosatom subsidiary, controls approximately 30,000 tonnes of uranium mining capacity in Kazakhstan. giaoducthoidai.vn · soha.vn