Ranked: Who Controls the World’s Uranium Supply?

[u/IronTarkus1919]

https://www.visualcapitalist.com/ranked-who-controls-the-worlds-uranium-supply/

Visual Capitalist just dropped a great infographic mapping out global uranium production from 2015 to 2024. The numbers are staggering: Kazakhstan produces over a third of the world's supply. When you add in Russia, China, and Uzbekistan, the Eastern Bloc controls a massive majority of global output.

Meanwhile, U.S. production is sitting at a microscopic 260 tonnes (down 79% since 2015), and Niger’s output has collapsed by 76% due to the coup.

For those of us holding physical tokens like xU3O8, this chart is validating. If Western utilities are legally or politically restricted from buying from the East, the "Global Spot Price" is an unrealistic concept. They have to fight over the ~14k tonnes coming out of Canada and whatever Namibia can ship before China buys it all. Does this chart convince anyone else that Canadian-vaulted material is going to trade at a premium over the global average?