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Saturday, April 26, 2025

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Eastern Europe seeks a substitute for Russian uranium

In anticipation of the imposition of EU sanctions on countries that acquire Russian uranium, Eastern Europe is looking for a replacement for the supply of this material from the Russian Federation. It is quite possible that Kazakhstan will become a uranium exporting country in the years to come.

Yerzhan Mukanov, executive director of Kazatomprom, noted yesterday that uranium reserves are currently being prepared for extraction in order to then offer them to interested countries.

However, new agreements for the supply of this metal to Europe can be concluded no earlier than 2025. Until then, each country with nuclear power plants operating on uranium will independently decide on the issue of acquisition of raw materials.

A number of states are likely to purchase Kazakh uranium through China. But, apparently, this will present certain difficulties in the context of the struggle of the United States and Europe against dependence on China.

Earlier, German Vice-Chancellor Robert Habeck spoke about the need for sanctions against countries importing uranium from Russia. He also believes that states that help Russia circumvent sanctions should be subject to restrictions.

Meanwhile, the energy sector of a number of European countries is highly dependent on Rosatom technologies, and the rejection of uranium supplies from the Russian Federation can have extremely unpleasant consequences for Europeans.

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