Amazon and Google signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050
FILEpix: The logo of U.S. online retailer Amazon is displayed at a logistics centre in Trapagaran, northern Spain, Novr 22, 2023. REUTERSpix
Shale company Occidental and Japanese heavy machinery maker IHI Corp also added their names to the pledge. It has also become a compelling solution for power-guzzling data centers, with Big Tech firms already having signed multiple billion-dollar deals with utilities Despite the demand, its supply is still constrained as global uranium production is heavily concentrated in Kazakhstan, Canada and Australia, accounting for around two-thirds of global output in 2022, according to WNA.
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