Top research agencies and industrialists are expecting a steady uranium production in 2025. They believe demand will be driven by rising global demand for nuclear energy as a zero-carbon power source.
In 2024, the market saw an activity uptick, with producers reopening mines and planning expansions to meet the needs of nations like the US, Canada, and the EU. Additionally, adoption and investment in small modular reactors significantly increased uranium demand.
So, what’s in store for uranium in 2025? Can supply keep pace with soaring demand, or will it crumble under the pressure? And what’s the price forecast looking like? Let’s study the report to find out the answers…
2024’s Most Significant Uranium Deals
The demand for nuclear energy has risen leaps and bounds as countries seek low-carbon power to meet their energy demands. Electrification, big data centers, and artificial intelligence (AI) are fueling the push for more reliable and clean energy sources.

We have seen many retired power plants being reactivated, and new nuclear construction projects are happening worldwide. This is because, in this new dawn, governments and companies are prioritizing nuclear power as the pillar of energy transition. And this scenario directly connects with the global uranium supply chain.
Significantly, the global uranium market is responding to this increased demand for nuclear energy. Uranium mining stocks surged in 2024 after top tech companies like Meta, Google, Microsoft, and Oracle, announced their entry into nuclear to satiate the energy demand of their data centers. This further shows demand for uranium is going to rise.
One of the most notable deals of last year was Paladin Energy’s acquisition of Canadian company Fission Uranium for CA$1.14 billion. However, this deal has been delayed as the Canadian government raised national security concerns.
Apart from this, several other uranium deals progressed smoothly:
- Uranium Energy Corp. resumed operations at Willow Creek in Wyoming, marking a key milestone in the company’s production efforts.
- Paladin Energy Ltd. successfully restarted its Langer Heinrich mine in Namibia, achieving commercial production.
- Boss Energy began its first drum of uranium produced at its Honeymoon project in Australia in April 2024.
- IsoEnergy’s acquisition of Anfield Energy expanded its uranium resources significantly. The company’s measured and indicated uranium resources increased to 17 million pounds, with inferred resources now at 10.6 million pounds. This positions IsoEnergy as a potential key player in the U.S. uranium market.
More Power per Punch: Nuclear Energy Outshines Fossil Fuels

Global Rise in Uranium Activity
Russia’s state-owned Rosatom has been offloading its stakes in Kazakhstan’s uranium mines, with Chinese companies stepping in as key buyers. Notable deals include selling 49.979% of Rosatom’s share in the Zarechnoye mine and transferring a 30% stake in the Khorasan-U joint venture to Chinese firms. These moves reflect a shift toward regional and China’s emergence in the uranium market.
Moving on, in Canada, Cameco Corp. has ambitious plans to increase annual output at its McArthur River mine from 18 million to 25 million pounds, alongside extending the operational life of its Cigar Lake mine. Recently, the US Nuclear Regulatory Commission has also approved Urenco USA’s request to amend its license, allowing for uranium enrichment levels of up to 10% at its New Mexico facility.
France has injected €300m ($330m) into uranium major Orano to revamp the country’s uranium industry. Additionally, Brazil is partnering with mining firms to revive uranium production which is stagnant since Indústrias Nucleares do Brasil SA began operating its sole mine in 1982.
Thus, globally, several countries and companies are stepping up initiatives to expand uranium production.
Uranium Supply and Demand Estimates (2008-2040E)
Source: Sprott (UxC and Cameco Corp. Data as of 9/30/2024)
Tax and Trade Tensions: Can Uranium Rise Above the Challenges?
S&P Global has highlighted several challenges for uranium production ranging from timeline to geopolitical tensions, tax policies, and technical challenges faced by some uranium mining giants. We have explained these challenges below:
To begin with the U.S., Trump’s statement about imposing a 25% tariff on all products from Mexico and Canada has given rise to some serious concerns. In 2023 Canada supplied 27% of uranium to U.S. nuclear plants, making it the largest supplier.
However, the U.S. faces challenges in boosting domestic production. According to the US Energy Information Administration, the U.S. purchased 40.5 million pounds of U3O8 in 2022.
Industry experts predict that utilities will push to ensure uranium imports from Canada remain unaffected by potential tariffs, as Canada is a critical and reliable partner.
Geopolitical tensions have further complicated the uranium trade. In May, the U.S. banned imports of Russian uranium, which accounted for 11.8% of its 2022 uranium supply. In response, Russia restricted enriched uranium exports to the U.S. which escalated trade tensions.
Even leading uranium producers faced substantial setbacks. Kazakhstan’s NAC Kazatomprom, the world’s largest producer, reduced its 2025 output target due to difficulties in securing sulfuric acid, a key material for extraction. Similarly, Orano suspended mining activities at its Somair project as it faced financial strains and permit issues.
Uranium’s Future: Predictions for 2025
Uranium prices had a rollercoaster year in 2024. S&P Global reported that the Platts-assessed spot price of U3O8 peaked at $106.75 per pound in February.
In November 2024, Uranium spot price retraced to $77.08, according to the Sprott Uranium Report. Despite the dip, prices remain higher compared to historical levels, with the Sprott Physical Uranium Trust helping to stabilize around $80.
Image: Uranium Miners vs. Spot Uranium (2014-2024)
Source: Sprott (Bloomberg and TradeTech LLC. Data from 9/30/2014 to 9/30/2024)
Looking ahead, several factors are driving optimism for uranium’s 2025 future. A persistent supply crunch, growing focus on nuclear energy, global energy policies, and geopolitical shifts will drive demand in the future.
- While short-term volatility may persist, experts predict uranium prices will rebound to $90–$100 per pound by mid-2025.
However, significant investments in new mines, conversion plants, and enrichment facilities will be needed to ramp up uranium production. Moreover, overcoming the challenges we have explained before would also play a significant role in uranium’s bright future.
- Click here for Spot Uranium Prices
- SEE MORE: The Atomic Awakening: Fueled by Uranium
The post 2025 Uranium Outlook: Will this Critical Commodity Endure its Golden Glow? appeared first on Carbon Credits.
Carbon Footprint
Climate Impact Partners Unveils High-Quality Carbon Credits from Sabah Rainforest in Malaysia
The voluntary carbon market is changing. Buyers are no longer focused only on large volumes of cheap credits. Instead, they want projects with strong science, long-term monitoring, and clear proof that carbon has truly been removed from the atmosphere. That shift is drawing more attention to high-integrity, nature-based projects.
One project now gaining that spotlight is the Sabah INFAPRO rainforest rehabilitation project in Malaysia. Climate Impact Partners announced that the project is now issuing verified carbon removal credits, opening access to one of the highest-quality nature-based removals currently available in the global market.
Restoring One of the World’s Richest Rainforest Ecosystems
The project is located in Sabah, Malaysia, on the island of Borneo. This region is home to tropical dipterocarp rainforest, one of the richest forest ecosystems on Earth. These forests store huge amounts of carbon and support extraordinary biodiversity. Some dipterocarp trees can grow up to 70 meters tall, creating habitat for orangutans, pygmy elephants, gibbons, sun bears, and the critically endangered Sumatran rhino.
However, the forest within the INFAPRO project area was not intact. In the 1980s, selective logging removed many of the most valuable tree species, especially large dipterocarps. That caused serious ecological damage. Once the key mother trees were gone, natural regeneration became much harder. Young seedlings also had to compete with dense vines and shrubs, which slowed the forest’s recovery.
To repair that damage, the INFAPRO project was launched in the Ulu-Segama forestry management unit in eastern Sabah.
- The project has restored more than 25,000 hectares of logged-over rainforest.
- It was developed by Face the Future in cooperation with Yayasan Sabah, while Climate Impact Partners has supported the project and helped bring its credits to market.
Why Sabah’s Carbon Removals are Attracting Attention
What makes Sabah INFAPRO different is not only the size of the restoration effort. It is also the way the project measured carbon gains.

Many forest carbon projects issue credits in annual vintages based on year-by-year growth estimates. Sabah INFAPRO followed a different path. It used a landscape-scale monitoring system and waited until the forest moved through its strongest natural growth period before issuing removal credits.
- This approach gives the credits more weight. Rather than relying mainly on short-term annual estimates, the project measured carbon sequestration over a longer period. That helps show that the forest delivered real, sustained, and measurable carbon removal.
The scientific backing is also unusually strong. Since 2007, the project has maintained nearly 400 permanent monitoring plots. These plots have allowed researchers, independent auditors, and technical specialists to observe the full growth cycle of dipterocarp forest recovery. The result is a large body of field data that supports carbon calculations and strengthens confidence in the credits.
In simple terms, buyers are not just being asked to trust a model. They are being shown years of direct forest monitoring across the project landscape.
Strong Ratings Support Market Confidence
Independent assessment has also lifted the project’s profile. BeZero awarded Sabah INFAPRO an A.pre overall rating and an AA score for permanence. That places the project among the highest-rated Improved Forest Management, or IFM, projects in the world.
The rating reflects several important strengths. First, the project has very low exposure to reversal risk. Second, it has a long and stable operating history. Third, its measured carbon gains align well with peer-reviewed ecological research and independent analysis.
These points matter in today’s market. Buyers have become more cautious after years of debate over the quality of some forest carbon credits. As a result, they now look more closely at durability, transparency, and third-party validation. Sabah INFAPRO’s rating helps answer those concerns and makes the project more attractive to companies looking for credible carbon removal.
The project is also registered with Verra’s Verified Carbon Standard under the name INFAPRO Rehabilitation of Logged-over Dipterocarp Forest in Sabah, Malaysia. That adds another level of market recognition and verification.
A Wider Model for Rainforest Recovery
Sabah INFAPRO also shows why high-quality nature-based projects are about more than carbon alone. The restoration effort supports broader ecological recovery in one of the world’s most important rainforest regions.
Climate Impact Partners said it has worked with project partners to restore degraded areas, run local training programs, carry out monthly forest patrols, and distribute seedlings to support rainforest recovery beyond the project boundary. These efforts help strengthen the wider landscape and expand the project’s environmental impact.
That broader value is becoming more important for buyers. Companies increasingly want projects that support biodiversity, ecosystem health, and local engagement, along with carbon removal. Sabah INFAPRO offers that mix, making it a stronger fit for the market’s shift toward higher-integrity credits.

The post Climate Impact Partners Unveils High-Quality Carbon Credits from Sabah Rainforest in Malaysia appeared first on Carbon Credits.
Carbon Footprint
Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story
Bitcoin’s recent drop below $70,000 reflects more than short-term market pressure. It signals a deeper shift. The world’s largest cryptocurrency is becoming increasingly tied to global energy markets.
For years, Bitcoin has moved mainly on investor sentiment, adoption trends, and regulation. Today, another force is shaping its direction: the cost of energy.
As oil prices rise and electricity markets tighten, Bitcoin is starting to behave less like a tech asset and more like an energy-dependent system. This shift is changing how investors, analysts, and policymakers understand crypto.
A Global Power Consumer: Inside Bitcoin’s Energy Use
Bitcoin depends on mining, a process that uses powerful computers to verify transactions. These machines run continuously and consume large amounts of electricity.
Data from the U.S. Energy Information Administration shows Bitcoin mining used between 67 and 240 terawatt-hours (TWh) of electricity in 2023, with a midpoint estimate of about 120 TWh.

Other estimates place consumption closer to 170 TWh per year in 2025. This accounts for roughly 0.5% of global electricity demand. Recently, as of February 2026, estimates see Bitcoin’s energy use reaching over 200 TWh per year.
That level of energy use is significant. Global electricity demand reached about 27,400 TWh in 2023. Bitcoin’s share may seem small, but it is comparable to the power use of mid-sized countries.
The network also requires steady power. Estimates suggest it draws around 10 gigawatts continuously, similar to several large power plants operating at full capacity. This constant demand makes energy costs central to Bitcoin’s economics.
When Oil Rises, Bitcoin Falls
Bitcoin mining is highly sensitive to electricity prices. Energy is the highest operating cost for miners. When power becomes more expensive, profit margins shrink.
Recent market movements show this link clearly. As oil prices rise and inflation concerns persist, energy costs have increased. At the same time, Bitcoin prices have weakened, falling below the $70,000 level.

This is not a coincidence. Studies show a direct relationship between Bitcoin prices, mining activity, and electricity use. When Bitcoin prices rise, more miners join the network, increasing energy demand. When energy costs rise, less efficient miners may shut down, reducing activity and adding selling pressure.
This creates a feedback loop between crypto and energy markets. Bitcoin is no longer driven only by demand and speculation. It is now influenced by the same forces that affect oil, gas, and power prices.
Cleaner Energy Use Is Growing, but Fossil Fuels Still Matter
Bitcoin’s environmental impact depends on its energy mix. This mix is improving, but it remains uneven.
A 2025 study from the Cambridge Centre for Alternative Finance found that 52.4% of Bitcoin mining now uses sustainable energy. This includes both renewable sources (42.6%) and nuclear power (9.8%). The share has risen significantly from about 37.6% in 2022.
Despite this progress, fossil fuels still account for a large portion of mining energy. Natural gas alone makes up about 38.2%, while coal continues to contribute a smaller share.

This reliance on fossil fuels keeps emissions high. Current estimates suggest Bitcoin produces more than 114 million tons of carbon dioxide each year. That puts it in line with emissions from some industrial sectors.
The shift toward cleaner energy is real, but it is not complete. The pace of change will play a key role in how Bitcoin fits into global climate goals.
Bitcoin’s Climate Debate Intensifies
Bitcoin’s growing energy demand has placed it at the center of ESG discussions. Its impact is often measured through three key areas:
- Total electricity use, which rivals that of entire countries.
- Carbon emissions are estimated at over 100 million tons of CO₂ annually.
- Energy intensity, with a single transaction using large amounts of power.

At the same time, the industry is evolving. Mining companies are adopting more efficient hardware and exploring new energy sources. Some operations use excess renewable power or capture waste energy, such as flare gas from oil fields.
These efforts show progress, but they do not fully address the concerns. The gap between Bitcoin’s energy use and its environmental impact remains a key issue for investors and regulators.
- MUST READ: Bitcoin Price Hits All-Time High Above $126K: ETFs, Market Drivers, and the Future of Digital Gold
Bitcoin Is Becoming Part of the Energy System
Bitcoin mining is now closely integrated with the broader energy system. Operators often choose locations based on access to cheap or excess electricity. This includes areas with strong renewable generation or underused energy resources.
This integration creates both opportunities and challenges. On one hand, mining can support energy systems by using power that might otherwise go to waste. It can also provide flexible demand that helps stabilize grids.
On the other hand, it can increase pressure on local electricity supplies and extend the use of fossil fuels if cleaner options are not available.
In the United States, Bitcoin mining could account for up to 2.3% of total electricity demand in certain scenarios. This highlights how quickly the sector is scaling and how closely it is tied to national energy systems.
Energy Markets Are Now Key to Bitcoin’s Future
Looking ahead, the connection between Bitcoin and energy is expected to grow stronger. The network’s computing power, or hash rate, continues to reach new highs, which typically leads to higher energy use.
Electricity will remain the main cost for miners. This means Bitcoin will continue to respond to changes in energy prices and supply conditions. At the same time, governments are starting to pay closer attention to crypto’s environmental impact, which could shape future regulations.

Some forecasts suggest Bitcoin’s energy use could rise sharply if adoption increases, potentially reaching up to 400 TWh in extreme scenarios. However, cleaner energy systems could reduce the carbon impact over time.
Bitcoin is no longer just a financial asset. It is also a large-scale energy consumer and a growing part of the global power system.
As a result, understanding Bitcoin now requires a broader view. Energy prices, electricity markets, and carbon trends are becoming just as important as market demand and investor sentiment.
The message is clear. As energy markets move, Bitcoin is likely to move with them.
The post Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story appeared first on Carbon Credits.
Carbon Footprint
LEGO’s Virginia Factory Goes Big on Solar as Net-Zero Push Speeds Up
The post LEGO’s Virginia Factory Goes Big on Solar as Net-Zero Push Speeds Up appeared first on Carbon Credits.
-
Greenhouse Gases7 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change7 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Climate Change2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Renewable Energy5 months agoSending Progressive Philanthropist George Soros to Prison?








