VOA News | Tuesday, March 26, 2024 
West Reliant on Russian Nuclear Fuel Amid Decarbonization Push

London — A new report and research from a British defense research group has found that many Western nations are still reliant on Russian nuclear fuel to power their reactors, despite efforts to sever economic ties with the Kremlin following its February 2022 full-scale invasion of Ukraine. “Russia may be able to take advantage of incongruencies in sanctions or other restrictions, as well as persistent contractual dependencies and supply challenges, to maintain access to Western nuclear fuel supply chains and continue generating revenue through its enriched uranium exports,” the Royal United Services Institute, or RUSI, says in its report. – Rosatom – Of those supplying nuclear fuel, Rosatom, Russia’s State Atomic Energy Corporation, “is the biggest supplier of uranium enrichment to the global market” and has continued to export significant volumes of enriched uranium product since February 2022. The report estimates that Russia sold enriched uranium worth $2.7 billion in 2023. Rosatom supplied some 30 percent of the enriched uranium purchased by European Union states in 2022, and 23 percent of that purchased by U.S. utility companies, according to the RUSI analysis of publicly available statistics. Not all countries publish their import or export figures for nuclear materials…See video and Read More