JRL NEWSWATCH: “The U.S. plan to break Russia’s grip on nuclear fuel” – Financial Times

“Demand for atomic energy is surging but Moscow dominates the world’s supplies of enriched uranium.” “… Utilities companies have spent two years stockpiling nuclear fuel in case Russian supplies are disrupted. … Washington is undertaking a multibillion-dollar push to rebuild its nuclear supply chain …. More than a fifth of the fuel used by the 93 nuclear reactors in the […]

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JRL NEWSWATCH: “Why the U.S. and Europe Still Buy Russian Nuclear Fuel” – Bloomberg

“… Kremlin-controlled Rosatom … continues to be the dominant source of fuel for the world’s nuclear power stations — supplying about half of global demand …. Western nations are racing to reconstitute their own processing capacity ….  [U]ranium ore needs … a vast industrial process …. Rosatom is … in every part of the supply chain, from ore extraction to […]

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JRL NEWSWATCH: “The U.S. imports uranium from Russia. What if sanctions end that?” – Washington Post

“If sanctions are imposed on Rosatom, Russia’s civilian nuclear firm, it could cut off exports of uranium to the U.S. and European nuclear industry. What would be the impact?” “Russia’s state-owned nuclear power conglomerate, Rosatom, is suspected of supplying the Russian arms industry with components, technology and raw materials for missile fuel …. The military goods were sent to more […]

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RIA Novosti: Russia to Triple Uranium Production in Next 2 Years ­ Rosatom

File Image of Artist's Rendition of Uranium Molecules and Soil against Background Vista, adapted from image energy.gov image attributed courtesy of Pacific Northwest National Laboratory

NOVO-OGARYOVO, January 9 (RIA Novosti) ­ Russia will nearly triple its production of natural uranium in the next two years, the head of the country’s state-run nuclear corporation Rosatom said Thursday. Sergei Kiriyenko said at a meeting with President Vladimir Putin that Russia had in recent years been producing some 3,000-3,200 metric tons of uranium annually. “In 2015, we will […]

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