European countries make an exception for uranium from Russia – no sanctions on importing that!

So far, the EU has not put uranium on any sanctions list. Because only Russia can supply suitable fuel rods for many Eastern European nuclear power plants. Without Russia, the technicians at the Bohunice nuclear power plant in western Slovakia have a problem.

Here it is easy to imagine what an immediate embargo on raw materials from Russia would mean. They need uranium to keep the electricity flowing. But there is only one supplier who can supply the reactors with fuel. And that is, of all things, a Russian state-owned company. Slovakia has put itself in an awkward position.

Now Putin is bombing Ukraine. And yet uranium imports must continue. Of course, even Germany has not yet been able to bring itself to impose an energy embargo – the fear of skyrocketing prices, unemployment and cold living rooms is too great. But other European states also have red lines.
It is no coincidence that uranium is not on any EU sanctions list so far.

 Sueddeutsche Zeitung 17th March 2022

https://www.sueddeutsche.de/wirtschaft/energie-atomkraft-uran-russland-1.5549686

March 21, 2022 - Posted by Christina Macpherson | business and costs, politics international, Uranium