OAR management a step ahead of the rest!
https://x.com/petejonesintx/status/1831113267558691280
The BRICS Plus countries—an extended grouping including the original BRICS (Brazil, Russia, India, China, and South Africa) plus additional nations like Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates—indeed have significant influence over the global uranium market, including both mining and conversion of uranium ore into nuclear fuel. Here's a brief overview of their roles:
These countries' significant control over uranium mining and conversion gives them substantial influence over the global nuclear fuel supply. This influence can affect global nuclear energy markets and geopolitical dynamics, as access to nuclear fuel is crucial for both energy production and military applications.
- Uranium Mining:
- Kazakhstan (not a BRICS Plus member but a major player) is the world's largest producer of uranium.
- Russia and Uzbekistan (also a significant producer) are key players in the global uranium mining industry.
- South Africa and Brazil have uranium resources, although their production levels are less significant compared to Kazakhstan and Russia.
- Uranium Conversion:
- Russia has extensive capabilities in the conversion of uranium ore into nuclear fuel, with several facilities dedicated to this process.
- China is also expanding its uranium conversion facilities and has become a major player in the nuclear fuel cycle.
- South Africa has some conversion capabilities, although it is not a major player compared to Russia and China.
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