Posted: 19th July 2022
Posted on July 17, 2022 by beyondnuclearinternational
By Günter Wippel, for the uranium network
Although little known to the public, the European Union obtains about 20% of the uranium it needs for nuclear power plants from Russia, and another 20% from Kazakhstan, which is considered a close ally to Russia.
While for Germany the issue of nuclear power will be settled by the end of this year in regard to demand for uranium, the EU will have to continue importing almost 100% of the required nuclear fuel.
If sanctions against Russia are to be taken seriously, uranium supplies will have to be sourced from countries not belonging to, or not close to, the Russian Federation.