Uranium price hits record as AI demand prompts nuclear comeback

Japan push for stable fuel, Big Tech's thirst for data center power add to tight supply Kansai Electric Power has restarted seven of its nuclear power reactors in Japan. (Kansai Electric Power)

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November 14, 2026 02:16 JST

TOKYO -- Uranium prices are at record highs on a global revival for nuclear power, as the AI data center boom and crisis in the Middle East have led to tight electricity supply.

Nuclear reactors under construction rise to 79 globally on AI demand Energy Japan eyes next-gen fast breeder reactors as China, Russia lead Materials Japan looks to salvage rare earths using nuclear reprocessing tech Energy Uzbekistan draws new-energy investors in move away from gas International relations Japan and Vietnam sign energy deals as Hanoi's power needs surge Energy Fuel prices drive Japan, Europe electricity futures to 4-year high Energy Japan to back Vietnam's small-reactor push in revived nuclear cooperation Energy Japan's IHI wins key role in Westinghouse's new Poland nuclear plant Latest on Commodities Commodities El Nino, biofuel regulations squeeze Indonesian palm oil producers Commodities Russian crude oil prices jump on China, India demand Commodities Malaysian palm oil producer turns to solar for steadier income Sponsored Content About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.