Rosatom to Supply USA with Uranium for USD 6.5bn
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#175June 2017

Rosatom to Supply USA with Uranium for USD 6.5bn

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Contracts are made with 19 American companies and provide for uranium supplies till 2028. Supplies of Russian uranium products till 2020 – 20% of total reactor needs in the USA (nearly 3 million SWU) – are 95% exhausted. Limits for 2011–2016 were exhausted in full. SWU is a separative work unit, or the amount of uranium isotope (U-235 and U-238) separation done by an enrichment process. TENEX is sure that business relations with American companies will continue. As reported by Vesti.Ekonomika (a business news program on the Russian television), Rosatom’s TVEL Fuel Company and an American nuclear operator signed the first contract to pilot test Russian-designed TVS-K fuel assemblies. TENEX has been operating on the American uranium market for three decades.