Uranium plays a vital role in global energy systems as the key mineral that fuels nuclear fission reactors. As countries seek to enhance energy security, accelerate decarbonisation and achieve other national objectives, nuclear power can play a role in providing reliable, consistent low‑carbon electricity, alongside emerging opportunities for heat and hydrogen production. Ensuring a clear understanding of global uranium resources, production trends and adequacy to meet future demand is essential.
More than 50 participants from the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA) member countries convened in Paris, France, for the 61st meeting of the joint NEA/IAEA Uranium Group (UG) on 18–19 February 2026. The UG is responsible for conducting periodic evaluations of global uranium supply and analysing its adequacy relative to projected demand, helping to ensure accurate, consistent and comprehensive reporting for long‑term nuclear fuel cycle planning.
A central focus of this year’s meeting was the development of the 2026 edition of Uranium: Resources, Production and Demand — better known as the "Red Book". Jointly published by the NEA and the IAEA since 1965, the Red Book is recognised worldwide as the authoritative, government‑sponsored reference document on uranium.
Throughout the two‑day meeting, participants shared updates on national uranium programmes, highlighting recent exploration and mining developments, technological advances and changes in regulatory frameworks.
