Global natural uranium Similar to the uneven distribution of uranium resource reserves, the global natural uranium production distribution concentration is also relatively high.
According to WNA data, in 2022, the top three countries in global production were Kazakhstan, Canada and Namibia, accounting for 43.01%, 14.89% and 11.37% of the global natural uranium production respectively, accounting for a total of nearly 70% of the global total.
China Uranium Corporation has abundant great britain email list 100000 contact leads natural uranium resources at home and abroad, with a total of 6 prospecting rights and 18 mining rights at home and abroad. It has an industryleading production scale and is one of the world’s major natural uranium suppliers.
According to WNA statistics
The world’s top ten natural uranium producers account for more than 90% of the world’s natural uranium production in 2022, and the company has been rank among the world’s top ten natural uranium producers for many years.
According to a research report by Guosen starbucks corporate social responsibility Securities, by producers in 2023, the top five uranium producers will be KAP, Orano, Cameco, CGN and Uranium One, and China National Nuclear Corporation, together with its subsidiary China Uranium Corporation, will rank sixth in the world and second in China, second only to China General Nuclear Power Group.
Source: World Nuclear Association, compil by Guosen Securities Economic Research Institute.
The industry is deeply integrat with upstream and downstream industries, and customers are relatively concentrat.
Nuclear power operators are the main purchasers in the uranium market
They have relatively stable uranium demand mobile lead bas on the demand for reactor nuclear fuel. Taking into account the lead time of purification, conversion, enrichment and fuel assembly manufacturing, nuclear power operators usually sign mium and longterm fuel supply agreements several years before they actually put fuel into production.
In fact, this is the mainstream supply model of natural uranium for global nuclear power. Upstream uranium mining companies and downstream nuclear power operator customers supply natural uranium mainly through longterm trade contracts, and the cooperation model is mature and stable Global natural uranium.
