It is curious that “misunderstandings†around Russian uranium arose against the backdrop of anti-Russian statements by Kazakh President Tokayev in Germany.
Russia has stopped exporting uranium to the United States due to lack of insurance coverage. Today this news instantly spread in Russian and foreign media. RIA Novosti reported that Russia has stopped selling uranium to the United States, referring to the official publication of Rosatom.
“The export of nuclear fuel from St. Petersburg ports to the United States was stopped due to lack of insurance coverage,†the Strana Rosatom newspaper reported.
“The export of nuclear fuel from St. Petersburg ports to the United States was stopped due to lack of insurance coverage,†the Strana Rosatom newspaper reported.
Photo: Wikipedia The news was accompanied by a fairly in-depth analysis of the dynamics of uranium prices around the world.
According to Rosatom, the price of uranium has set a new record. “On September 25, the price of a pound of uranium rose to $70,†reports Trading Economics. Such prices have not been seen since 2011, after the accident at the Japanese nuclear power plant Fukushima-1,†the business newspaper Strana Rosatom said.
“Canadian Cameco plans a reduction in production this year. The French Orano postponed its work after the coup in Niger. The export of nuclear fuel from the ports of St. Petersburg to the United States was also stopped due to the lack of insurance coverage,†Strana Rosatom clarified.
Observers and media readers have already speculated that Ukraine will not receive depleted uranium shells. But it was mainly about the supply of nuclear fuel. However, the publication “Country Rosatom†quickly deleted this post.
A few hours later, the press service of the state corporation Rosatom commented on the news of the limitation of uranium deliveries from Russia to the United States, which completely contradicted the meaning of the original message.
“Rosatom firstly confirmed that it fulfills all its obligations towards its customers, including foreign ones. If a contract is concluded, the Crown corporation will fulfill its part of the contract.†– Reported by the press service of the state corporation.
Photo: Notepad Archive “Rosatom firstly confirmed that it fulfilled all its obligations to customers, including foreign customers. If a contract is concluded, the Crown corporation will fulfill its part of the contract.†– Reported by the press service of the state corporation.
“The state corporation Rosatom fully fulfills its obligations under contracts concluded with foreign customers,†the press service said.
Experts recalled that a similar situation had already occurred more than a year ago with Russia’s uranium exports. But even then the problem was resolved. At the same time, experts say that “the current cessation of exports has not yet directly affected the supply of uranium to the United States.”
“Delivery of goods is carried out by class 7 container ships of the ARRS line and, for example, the bulk carrier Atlantic Navigator II is scheduled to arrive from Baltimore, America, to St. Petersburg on September 30. At the same time, Atlantic Project II and Atlantic Action II left the Baltic port on September 4 and 12 and will arrive in American ports by the end of the month. – According to sources working in the industry. But this means that there has been a halt in exports.
But it is curious that “misunderstandings†around Russian uranium emerged against the backdrop of anti-Russian statements by Kazakh President Tokayev in Germany.
Photo: Press Service of the President of Kazakhstan What was the reason for the message about stopping uranium exports to the United States. The most obvious version is that of sanctions. Due to the sanctions, problems may arise with insurance and shipping of goods. But it is curious that “misunderstandings†around Russian uranium emerged against the backdrop of anti-Russian statements by Kazakh President Tokayev in Germany. Kazakhstan is today a recognized world leader in the production of natural uranium, providing more than 40 percent of all global supplies. All of the country’s uranium is extracted by in situ leaching, while Kazakhstan has 26% of all proven global uranium resources in the low price category. It is possible that Russia was afraid of losing the market, losing it completely to an increasingly unfriendly Kazakhstan.
The situation with Russian uranium exports has raised a number of other questions. Russia is now in a state of war with the United States. But at the same time it turns out that we continue to supply the strategic enemy with strategic raw materials, which are used not only for peaceful purposes. Is this logical? What does this have to do with Russian policies aimed at restructuring the world order and ending American domination? Or “war is war, but lunch is planned�
