The search for nuclear fuel expands, from uranium mines to oceans to the moon

Global demand for uranium is projected to double by 2040, prompting a resurgence in mining operations and exploration of alternative nuclear technologies. The industry is shifting from traditional mining to innovative methods like seawater extraction and fusion energy.
Why it matters
As countries seek to meet climate goals and energy security, the nuclear fuel supply chain is undergoing a significant global expansion.
With uranium demand expected to double by 2040, countries are reopening mines, expanding enrichment capacity and exploring alternative fuels, seawater extraction and fusion technology, CNA’s The Nuclear Option finds.
China’s “artificial sun”, as the Experimental Advanced Superconducting Tokamak facility is often called, aims to create the conditions for fusion energy.
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