Kazakhstan is the world’s largest uranium producer 

The world’s largest uranium supplier is Kazakhstan, with 41% of supply and 12% of global reserves, but there are significant concerns over its capacity to supply the West, including:

• the country’s uranium production fell in 2022 and 2023
• long-term supply contracts often prioritize China and Russia
• Kazakhstan is heavily dependent on Russia to enrich and process its uranium, as Russia controls a 40% of global uranium processing facilities and 46% of total world enrichment capacity.