Top Industries purchasing Uranium (U)

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Top Industries purchasing Uranium (U)

tU (tonne of Uranium) is equal to one metric ton of elemental uranium metal, rather than the compound it might be in (such as U3O8).

Rank	Industry	Volume (tU)	% Usage	Primary Applications
1	Nuclear Power (Utilities)	~64,800	96.0%	Fuel for Light Water Reactors (LWR) and PHWRs.
2	Defense & Naval Propulsion	~1,350	2.0%	Fuel for nuclear-powered submarines and aircraft carriers.
3	Medical Radioisotopes	~675	1.0%	Production of Mo-99/Tc-99m for cancer diagnostics.
4	Space Exploration	~270	0.4%	Radioisotope Thermoelectric Generators (RTGs) and NTP.
5	Scientific Research	~200	0.3%	Research reactors for neutron scattering and physics.
6	Industrial Radiography	~135	0.2%	Non-destructive testing (NDT) of welds and structures.
7	Ammunition & Armor (DU)	~35	<0.1%	Depleted Uranium (DU) for high-density penetrators.
8	Aerospace (Ballast)	~25	<0.1%	DU counterweights for flight control surfaces.
9	Oil & Gas (Logging)	~5	Trace	Radiation sources for well-logging and geological survey.
10	Maritime (Ballast)	Trace	Trace	High-density DU keels for specialized racing yachts.
11	Food Irradiation	Trace	Trace	Sterilization of spices and medical equipment.
12	Pharmaceuticals	Trace	Trace	Tracers for metabolic and drug interaction studies.
13	Agriculture	Trace	Trace	Mutation breeding and pest control (SIT) research.
14	Nuclear Waste Vitrification	Trace	Trace	Specialized chemical stabilizers for long-term storage.
15	Counter-Terrorism	Trace	Trace	Calibration for radiation detection at ports/borders.
16	Environmental Science	Trace	Trace	Isotopic dating and groundwater flow mapping.
17	Forensic Science	Trace	Trace	Nuclear forensics and provenance tracing.
18	Advanced Alloys	Trace	Trace	Experimental steel and shielding alloy research.
19	Quantum Computing	Trace	Trace	Low-background shielding for sensitive qubits.
20	Archaeology	Trace	Trace	Uranium-series dating for ancient carbonate samples.

Major Individual Company Purchasers

• Constellation Energy (formerly Exelon): As the largest operator of nuclear power reactors in the U.S., they are a massive purchaser of uranium to fuel their fleet.
• China National Nuclear Corp (CNNC) / CGN Mining: State-owned enterprises in China that control significant global capacity and purchase massive volumes to support China's 56+ operating reactors.
• State Atomic Energy Corp. (Rosatom): A major Russian state entity that controls significant global enrichment capacity and is a primary purchaser/processor for global supply chains.
• Cameco Corporation: While a major producer, Cameco also acts as a primary purchaser, often buying millions of pounds of uranium (such as from its JV Inkai) to fulfill its long-term delivery contracts.
• Sprott Asset Management: Operates a physical uranium fund that has been a major buyer in recent years, adding millions of pounds to its inventory (totaling nearly 79 million pounds as of early 2026).
• Electricité de France (EDF): One of the world's largest nuclear power providers, requiring vast quantities of uranium for the French nuclear fleet.
• Microsoft / Amazon (AWS) / Google / Meta: While not direct uranium purchasers in the traditional sense, these "hyperscalers" have begun signing massive Power Purchase Agreements (PPAs) and making equity investments in nuclear startups to secure zero-carbon energy for data centers.
• Advanced Reactor Developers (X-energy, NuScale, TerraPower): Emerging major purchasers of HALEU and specialized fuel types for next-generation small modular reactors.

Caution: This content was sourced and arranged by AI and thus may be subject to errors, biases, omissions, or antiquation.
This information can provide a general sense of industry dynamics, but may be unreliable in its specifics, or as an isolated basis for investment decisions.