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Canada set to become nuclear ‘superpower’ with enough uranium to beat China, Russia | Countries depend on Russia and China for enriching uranium coming from Kazakhstan. Canada can enrich uranium from its own mines.

With large uranium reserves, Canada can become a one-stop shop for enriched uranium for nations investing in nuclear energy.

The Athabasca Basin in the northern Saskatchewan region of Canada is a reserve of high-grade uranium that could help the North American country play a vital role as a fuel supplier in the decades to come. Incidents such as one at Fukushima in Japan are still fresh in people’s minds, and the operation of nuclear power plants is not risk-free yet. Nuclear power projects have long timelines, and cost overruns are common when the plant is finally operational.

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