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USA nuclear industry lobbying White House to remove sanctions on uranium imports from Russia.

The U.S. nuclear power industry is lobbying the White House to allow
uranium imports from Russia to continue despite the escalating conflict in
Ukraine, with cheap supplies of the fuel seen as key to keeping American
electricity prices low, according to two sources familiar with the matter.

The United States relies on Russia and its allies Kazakhstan and Uzbekistan
for roughly half of the uranium powering its nuclear plants – about 22.8
million pounds (10.3 million kg) in 2020 – which in turn produce about 20%
of U.S. electricity, according to the U.S. Energy Information
Administration and the World Nuclear Association.

Russia’s uranium
production is controlled by Rosatom, a state-run company formed by Russian
President Vladimir Putin in 2007. The company is an important source of
revenue for the country.

 Reuters 1st March 2022


March 5, 2022 - Posted by | politics, Uranium

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