Top nuclear fuel executives are pushing Europe to phase out Russian imports of enriched uranium, warning Moscow is using its role as a key supplier to exert geopolitical influence.
Nearly four years since Russia’s full-scale invasion of Ukraine, Europe has reduced its dependence on Russian enriched uranium but the country still supplies almost a quarter of the continent’s needs, with the low price making it attractive to buyers.
Urenco and Orano, the leading western producers of uranium, are developing new enrichment capacity, as demand for low carbon energy drives a nuclear power renaissance in North America and Europe.
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