Russia's Uranium Export Strategy: Excluding the U.S.

Russia's Rosatom will continue uranium deliveries globally, excluding the U.S., due to U.S.-imposed import bans. Russia's recent restriction on enriched uranium exports to the U.S. underscores geopolitical tensions. As the sixth largest uranium producer, Russia plays a significant role in global supply chains, influencing uranium enrichment markets worldwide.


Devdiscourse News Desk | Moscow | Updated: 18-11-2024 16:46 IST | Created: 18-11-2024 16:43 IST
Russia's Uranium Export Strategy: Excluding the U.S.
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In an exclusive statement this Monday, Rosatom, Russia's state nuclear corporation, announced that it plans to continue shipping uranium to all of its international partners, minus the United States, according to information released by the TASS news agency.

This development follows Friday's announcement from Russia about a temporary hold on exporting enriched uranium to the U.S. Washington's earlier decision to ban Russian uranium imports, legally formalized earlier this year, prompted this countermeasure.

Despite being the sixth largest producer globally, with command over 44% of the world's uranium enrichment capabilities, Russia’s action signifies deepening geopolitical divides affecting critical resource distributions.

(With inputs from agencies.)

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