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
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