Energy
Nuclear fuel supply chain
Yellowcake, enrichment, and fuel fabrication — the bottleneck behind reactor restarts.
Curated sector reports
Nuclear fuel supply chain
Energy·⚠ Conversion & enrichment capacity
Key chokepoints (4)
Uranium mining (U3O8)
⚠ active chokepoint
Kazakhstan supplies roughly 40% of primary uranium; Western utilities seek non-Russian sources.
Related tickers: CCJ, UUUU
Yellowcake conversion
⚠ active chokepoint
Conversion capacity outside Russia is limited; Cameco and ConverDyn are key Western options.
Uranium enrichment (SWU)
⚠ active chokepoint
Russia historically supplied a large share of enrichment services; sanctions reshaped flows.
HALEU for advanced reactors
⚠ active chokepoint
Commercial HALEU supply chain is nascent; DOE programs are seeding capacity.