/// MARKET PROJECTIONS

THE GROWING LANDSCAPE
OF URANIUM DEMAND

As we stride into the future, the landscape of energy consumption is transforming at an unprecedented pace. At the heart of this transformation lies the demand for uranium, a crucial component of the energy sector. The rise in global uranium consumption within the energy industry is poised to redefine our energy trajectory.

AXIA Power, with its deep-rooted commitment to innovation, is at the forefront of addressing this monumental shift. With reactor-only requirements for U3O8 projected to surge to nearly 230 million pounds by 2030 and surpassing 250 million pounds by 2040, our dedication to the evolving market is steadfast.

RESTRICTED PRIMARY SUPPLY

UNIT: Mlbs U₃O₈

  • Sequestered (Aggregated)*
  • COVID-19 Impacted
  • Reduced Operation
  • Suspended (C&M)
  • IGPI™ Depleted
Producing mines enter their "end of life", secondary supply declines, and excess inventory has been drawn down.
0 -25 -50 -75 -100 -125 -150
2016
2018
2020
2022
2024
2026
2028
2030
2032
2034
/// INFRASTRUCTURE EXPANSION

PIONEERING NEW
GENERATING CAPACITIES

In the quest for sustainable energy solutions, the international community is embracing the expansion of nuclear power generation. Around the world, construction efforts are currently underway for 60 reactors, signaling a resounding commitment to advancing energy production through nuclear technology.

AXIA Power recognizes the urgency of these endeavors and stands as a catalyst for shaping this new era. With our strategic vision and unwavering determination, we aim to support and fuel this growing infrastructure to meet the rising global energy demands.

GLOBAL DEMAND TRAJECTORY

UNIT: Mlbs U₃O₈

  • Japan
  • Other Asia, Africa
  • Non-EU Europe (ex. Rus)
  • Americas (ex. USA)
  • East & SE Asia (ex. CN/JP)
  • China
  • Russia
  • European Union (ex. FR)
  • France
  • USA
300 250 200 150 100 50 0
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040