中国在收紧稀土出口之后，又对浓缩铀出手了，这下欧美核电行业彻底坐不住了！

Core Insights - The announcement of restrictions on seven categories of medium and heavy rare earths in April has significantly impacted the global supply chain, followed by a sharp reduction in enriched uranium exports in May [1][3] - Enriched uranium, essential for nuclear power plants, has seen exports to the U.S. plummet from 33.8 thousand tons last year to 12.4 thousand kilograms, a decline of over 60%, with transaction value dropping from nearly $120 million to only 37% of that amount [1][3] Industry Overview - The U.S. relies heavily on enriched uranium for over 20% of its electricity, with nearly one-third of this supply coming from China. The disruption in supply from Russia and the recent reduction from China has created a tight fuel supply situation for U.S. nuclear power plants [3][5] - The high purity requirements for reactor fuel make it difficult to find substitutes quickly, affecting not only nuclear power but also military applications, as over a thousand military equipment types depend on Chinese rare earth and uranium materials [5][6] Production Developments - The U.S. Department of Energy has allocated $2.7 billion to establish new uranium enrichment facilities, but experts estimate that it will take at least three years from project initiation to production [5] - In contrast, China's "National Uranium No. 1" project commenced production in July in Inner Mongolia, with an annual output exceeding a thousand tons, utilizing green and efficient production techniques. China's nuclear power capacity continues to grow, with 19 units under construction, exceeding 21 million kilowatts [6]