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Uranium price hits record as AI demand prompts nuclear comeback

Published by Nikkei Asia · Japan
Uranium price hits record as AI demand prompts nuclear comeback
Nikkei Asia

Detailed summary

Japan push for stable fuel, Big Tech's thirst for data center power add to tight supply

Kansai Electric Power has restarted seven of its nuclear power reactors in Japan. (Kansai Electric Power)

TOKYO -- Uranium prices are at record highs on a global revival for nuclear power, as the AI data center boom and crisis in the Middle East have led to tight electricity supply.

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