Tuesday, February 28, 2006
Russia plans to spend $10 billion more on uranium production
Just where they will find that 10 billion is the question. But the Uranium is easy to find. It's in Siberia...and Buryatia...
In 2005, the country's three uranium producers mined just 3,325 tons of ore, one-fifth of the amount Russia annually consumes to fuel nuclear power stations and to meet military needs and export obligations...
...As Russia competes with France and the United States to build nuclear reactors for countries unable to build their own, setting up a reliable uranium network will be key.
"TVEL also supplies enriched uranium to countries which have nuclear reactors built by Russia, and they will want to stay in that market," Breach said. Russia supplies enriched uranium mainly to Ukraine, Kazakhstan, India and China, he said.
"RosAtom has no money, so where will the money come from?" said Gennady Pshakin, a nuclear industry expert at the Obninsk Institute of Physics and Power Engineering close to Moscow."
In 2005, the country's three uranium producers mined just 3,325 tons of ore, one-fifth of the amount Russia annually consumes to fuel nuclear power stations and to meet military needs and export obligations...
...As Russia competes with France and the United States to build nuclear reactors for countries unable to build their own, setting up a reliable uranium network will be key.
"TVEL also supplies enriched uranium to countries which have nuclear reactors built by Russia, and they will want to stay in that market," Breach said. Russia supplies enriched uranium mainly to Ukraine, Kazakhstan, India and China, he said.
"RosAtom has no money, so where will the money come from?" said Gennady Pshakin, a nuclear industry expert at the Obninsk Institute of Physics and Power Engineering close to Moscow."
# posted by Eric Klein @ 2/28/2006 12:28:00 AM 
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