Faced with the energy sanctions of the USA after its invasion of Ukraine, Russia still continues to sell an important resource to the USA. President Biden’s Russian oil and other energy products import ban, uranium, the heart of nuclear power plants He was intrigued by its absence.
Although the United States has closed the door to a major trade partnership with Russia, US energy industry still buys uranium from Russia. Three big partners of US companies in uranium Russia, Kazakhstan and Uzbekistan. Energy giants are in close contact with the White House to ensure that the uranium supply is not cut off.
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Could Russia finance the war by selling uranium to the United States?
President of Russia Putin announced the State Nuclear Energy Company (rostoma) was founded in 2007, and the company currently produces about 20 percent of the world’s nuclear fuel. In addition, Russia, which seized two nuclear power plant sites in Ukraine with the war, just as fossil fuels created an important income source through uranium.
in the USA uranium production or processing Several companies have said they want to continue production in several states if nuclear power activities are long-term. However, from the Ukrainian side, claims that the USA “financed the war” with uranium imports started to come.
Ukrainian environmental organization of Ekodia Kostiantyn Krynytskyi, Head of the Energy Department, said the uranium deal was “frustrating”.
“The whole country and the whole world began to tremble with fear, thinking about what would happen with nuclear power plants in Ukraine. You need to see what can happen here and phase it out.”
US trade group of energy producers National Energy Institute (NEI) stated that they will support the uranium industry in the USA.
element uranium actually a common metal found in various parts of the world. However, according to the latest report of the World Nuclear Association, 85% of the world’s uranium needs are met by six countries (Russia, Kazakhstan, Canada, Australia, Namibia and Niger).
What do you think about the uranium trade between the USA and Russia? You can express your thoughts in the comments section or on the SDN Forum.