According to a research report by Guosen Securities, by producers in 2023, the top five uranium producers will be KAP, Orano, Cameco, CGN and Uranium One, and China National Nuclear Corporation, together with its subsidiary China Uranium Corporation, will rank sixth in the world and second in China, second only to China General Nuclear Power Group.
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The industry is deeply integrated with upstream and downstream industries, and customers are relatively concentrated.
Nuclear power operators are the main purchasers in the uranium ghana telegram data market. They have relatively stable uranium demand based on the demand for reactor nuclear fuel. Taking into account the lead time of purification, conversion, enrichment and fuel assembly manufacturing, nuclear power operators usually sign medium- and long-term fuel supply agreements several years before they actually put fuel into production.
In fact, this is the mainstream supply model of natural uranium for global nuclear power. Upstream uranium mining companies and downstream nuclear power operator customers supply natural uranium mainly through long-term trade contracts, and the cooperation model is mature and stable.