Uranium plays a central role in global electricity generation as the primary fuel for nuclear power plants. At present, more than 440 nuclear reactors are in operation across over 30 countries, supplying about 10% of the world’s electricity. These reactors are located in major economies such as the United States, France, China, Russia, and Japan, as well as in smaller nations where nuclear power provides stability in otherwise limited energy systems.

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The proportion of electricity derived from uranium varies significantly. France is one of the most prominent examples, with nuclear accounting for more than 70% of its total electricity supply. The United States operates the largest number of reactors, contributing about 20% of its domestic power. In Asia, China and India continue to expand their nuclear fleets as part of long-term strategies to address rising energy demand and reduce carbon emissions.

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Uranium’s contribution is not only measured in electricity output but also in its ability to provide reliable, large-scale base-load power. Countries with limited access to fossil fuels or intermittent renewable resources often see nuclear as a pathway to energy independence. Unlike oil and gas, which are subject to global price fluctuations and geopolitical tensions, uranium offers comparatively stable supply and long-term contracts.

In this way, uranium supports both industrialised and developing economies by ensuring predictable energy costs and aligning with climate objectives. Its position in the global energy landscape reflects both practical demand and strategic value, reinforcing its role in meeting future electricity requirements.