Russia and China Tighten Grip on Global Nuclear Energy Supply

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U.S. officials suspect that Kazakhstan has become a conduit for sanctioned goods destined for Russia.

Kazakhstan, the world's largest uranium producer and source of the U.S.'s nuclear needs, is drawing significant interest from Russia and China.The Central Asian country's production of the radioactive element surged from about 28 percent of the world's total in 2009 to about 43 percent in 2022, according to the World Nuclear Association.

as the top major nuclear power producer, has a huge appetite for the resource. The country plans to double its nuclear capacity with the construction of 150 reactors by 2035.Chinese companies, including the state-backed China General Nuclear Power Corporation, have already acquired rights to 60 percent of future Kazakh uranium production, according to mining industry-focused specialist platform Minex Forum.

 

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