China and Russia race for Kazakhstan's rich uranium reserves
Caliber.Az on YouTube
MULTIMEDIA 05 July 2024 - 15:54
At the recent Shanghai Cooperation Organisation summit in Astana, Kazakhstan, Chinese leader Xi Jinping and Russian President Vladimir Putin highlighted the importance of energy cooperation.
With Kazakhstan being the world's largest uranium producer, both nations are vying for influence over its rich reserves.
As the demand for uranium surges due to nuclear energy's rising profile, Kazakhstan stands to benefit immensely, supplying significant portions to both China and the US. However, the competition is fierce, with Russia seeking to build a nuclear plant and control more of Kazakhstan's production. The global stakes are high as nations look to secure their energy futures.
Discover how this Central Asian nation is navigating its relationships with superpowers, the implications for global energy markets, and the potential shifts in international uranium trade.
Caliber.Az
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