Uranium demand continues to grow

Estimates predict a 30 percent increase in uranium demand over the next five years.
Advertisement/Advertising – This article is distributed on behalf of Uranium Energy Corp., Uranium Royalty Corp., with which SRC swiss resource capital AG has paid IR advisory agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: 01.10.2025, 2:50 p.m. Zurich/Berlin
Since 2020, interest in nuclear energy has been growing worldwide. Higher uranium prices and growing demand have also boosted exploration and mine development activities. And this is necessary, because the number of nuclear power plants is increasing. In general, bottlenecks in uranium supply are expected by 2030 at the latest. It usually takes ten to 20 years from the discovery of a new uranium resource to the start of production, which is a long time. To meet growing energy demand, many are turning to small modular reactors (SMRs), which take less time to build than conventional large nuclear power plants. However, the HALAU supply chains usually required for SMRs are still lacking.
Without uranium and nuclear energy, the growing sectors of data centers, artificial intelligence, semiconductor manufacturing, and other energy-intensive technologies cannot be adequately supplied with energy. One country that is focusing on the new small modular reactors is Sweden. The country has been planning to expand nuclear power for decades. Five to six SMRs are planned, after no nuclear power plants have been built in Sweden for around 50 years. This is because Sweden phased out nuclear energy in 1980. In addition to its main application in nuclear power plants, uranium is used in various industrial and technical areas, such as research reactors and medicine. Uranium is also used in military vehicles and armor-piercing ammunition, as well as in aircraft and missiles.
As demand for uranium continues to grow faster than supply, investors betting on uranium companies should make sure they are backing the right horse.
Uranium Royalty – https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ – stands out as the only royalty company on the uranium market. Investors thus gain unique diversification in the uranium sector by investing in Uranium Royalty.
Uranium Energy – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ – owns diversified uranium assets and ISR uranium projects in the US, with additional projects in Canada. Uranium mining, processing, refining, and conversion are part of the business.
Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -).
Sources:
https://www.nuklearforum.ch/de/news/red-book-2024-uranressourcen-produktion-und-nachfrage/;
https://www.n-tv.de/wirtschaft/Schweden-setzt-auf-neue-Atomkraftwerke-article25980673.html
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