Russia Limits US Uranium Exports
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Russian uraniumTelegraph
•Putin is breaking a fragile energy supply chain – threatening havoc in the West
74% Informative
Russia is the world’s sixth biggest uranium producer and controls about 44pc of global enrichment capacity.
US nuclear power plant operators rely on Russia for more than a quarter of their supplies.
Russia generates about $3.1bn a year from nuclear exports, including $ 905 m from exports to the US .
Agreement struck by Britain , US , Canada , Japan and France to work together on civil nuclear fuel production in December 2023 .
Progress to increase enrichment capacity has been particularly slow.
Situation highlights extent to which Western countries are still heavily dependent on Moscow for resource.
Industry source says stockpiles of enriched uranium are likely big enough to absorb loss of Russian supplies.
VR Score
76
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72
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52
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Source diversity
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