Uranium Is Running Out—Here’s What That Means
Published: 2025-09-28
Status:
Available
|
Analyzed
Published: 2025-09-28
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 2
Prediction
Topic
Status
Global uranium demand is projected to more than double by the year 2040.
"the demand for uranium is now expected to more than double by 2040."
Pending
Existing uranium mines are predicted to be depleted after 2030.
"the mines producing uranium today will be empty after 2030"
Pending
Global uranium demand is predicted to more than double by the year 2040.
"And the demand for uranium is now expected to more than double by 2040."
Pending
China plans to construct 150 new nuclear reactors.
"China is building 150 new nuclear reactors."
Correct
Existing uranium mines are projected to be depleted after 2030, with new mine development taking approximately 20 years.
"The problem is the mines producing uranium today will be empty after 2030 and new ones take 20 years to develop."
Pending
China is constructing 150 new nuclear reactors, contributing to a projected doubling of global uranium demand by 2040.
"China is building 150 new nuclear reactors. And the demand for uranium is now expected to more than double by 2040."
Pending
China's annual uranium demand is projected to quadruple to 40,000 tons.
"Their uranium demand is forecasted to quadruple to 40,000 tons annually."
Pending
China's annual uranium demand is projected to quadruple to 40,000 tons by 2035.
"Their uranium demand is forecasted to quadruple to 40,000 tons annually ... by 2035."
Pending
China's annual uranium demand is projected to quadruple, reaching 40,000 tons.
"Their uranium demand is forecasted to quadruple to 40,000 tons annually."
Pending
China is expected to control one-third of global uranium enrichment capacity by 2035.
"The result is that China will likely control a third of uranium enrichment by 2035."
Pending
Global uranium production capacity is expected to decrease by 20% by 2030 and 40% by 2035.
"By 2030, we lose about 20% of current uranium production capacity. By 2035, it's 40%."
Pending
A significant squeeze in the uranium supply market is anticipated.
"Yes, uranium supply is headed for a squeeze."
Correct
The process from discovering a uranium deposit to bringing a mine into production takes 10 to 20 years.
"The timeline from discovery to production runs from 10 to 20 years."
Pending
Global uranium demand is forecast to increase by 30% from 67,000 tons to 87,000 tons annually by 2030.
"Global demand is set to rise from 67,000 tons today to 87,000 tons by 2030, a 30% increase in just 6 years."
Pending
The United States relies on imports for 95% of its uranium supply, primarily from Kazakhstan, Canada, and Russia.
"The US imports 95% of its uranium, mainly from Kazakhstan, Canada, and Russia."
Correct
The US ban on Russian uranium imports, enacted in May 2024, has exceptions until 2028 due to a lack of alternative enrichment service providers.
"The US banned Russian uranium imports in May 2024, but with carveouts until 2028 because there's nowhere else to get enrichment services."
Pending
The world will require over 150,000 tons of uranium annually by the year 2040.
"By 2040, the world will need over 150,000 tons of uranium annually."
Pending
Approximately 20% of current uranium production capacity is expected to be lost by 2030.
"By 2030, we lose about 20% of current uranium production capacity."
Pending
China is projected to control one-third of global uranium enrichment capacity by 2035.
"The result is that China will likely control a third of uranium enrichment by 2035."
Pending
By 2035, 40% of current uranium production capacity is projected to be lost.
"By 2035, it's 40%."
Pending
Global uranium demand is expected to increase by 30% to 87,000 tons by 2030.
"Global demand is set to rise from 67,000 tons today to 87,000 tons by 2030, a 30% increase in just 6 years."
Pending
The world's annual uranium requirement is projected to exceed 150,000 tons by 2040.
"By 2040, the world will need over 150,000 tons of uranium annually."
Pending
The process from discovering a uranium deposit to commencing production takes between 10 and 20 years.
"The timeline from discovery to production runs from 10 to 20 years."
Pending
Russia and China together control almost two-thirds of the world's uranium enrichment capacity.
"So combined Russia and China control nearly 2/3 of global enrichment"
Incorrect
The United States banned Russian uranium imports in May 2024, with exemptions until 2028 due to a lack of alternative enrichment services.
"The US banned Russian uranium imports in May 2024, but with carveouts until 2028 because there's nowhere else to get enrichment services."
Correct
Establishing new uranium enrichment capacity is estimated to take 10 to 15 years and cost tens of billions of dollars.
"Building new capacity takes 10 to 15 years and tens of billions of dollars."
Pending
Russia's Rosatom holds a 38.5% share of the global uranium enrichment market.
"Russia's Rosatom currently controls 38.5% of global uranium enrichment capacity."
Correct
Establishing new uranium enrichment facilities is estimated to take 10 to 15 years and cost tens of billions of dollars.
"Building new capacity takes 10 to 15 years and tens of billions of dollars."
Pending
Some Eastern European countries with Soviet-designed reactors are exclusively dependent on Russian fuel assemblies, as they are incompatible with Western alternatives.
"Several Eastern European countries with Soviet designed reactors can only use Russian fuel assemblies. They're physically incompatible with Western alternatives."
Correct
Russia and China together control approximately two-thirds of global uranium enrichment capacity, causing concern in the US.
"So combined Russia and China control nearly 2/3 of global enrichment and the US is watching this with increasing panic."
Correct
Extracting uranium from seawater currently costs $200 per pound, significantly more than the market price of $80 per pound.
"Seawater extraction runs $200 per pound with current technology, while uranium trades at $80."
Incorrect
Significant investment opportunities are expected in the coming years related to securing energy supply chains, especially in Western countries.
"For what it's worth, there will be massive opportunities for investors in the coming years as countries around the world turn their focus to securing energy supply chains, particularly in the West."
Correct