Russia’s Stranglehold On The World’s Nuclear Power Cycle

Nuclear Information

Radio Free Europe, September 01, 2022 ByKristyna Foltynova [Excellent graphics] “…………………… Here’s how Russia plays a crucial role in the world’s nuclear cycle

It’s Not Just About Mining

Russia is among the five countries with the world’s largest uranium resources. It is estimated to have about 486,000 tons of uranium, the equivalent of 8 percent of global supply…………….

However, uranium mining is just one piece of the nuclear process. Raw uranium is not suitable as fuel for nuclear plants. It needs to be refined into uranium concentrate, converted into gas, and then enriched. And this is where Russia excels.

In 2020, there were just four conversion plants operating commercially — in Canada, China, France, and Russia. Russia was the largest player, with almost 40 percent of the total uranium conversion infrastructure in the world, and therefore produced the largest share of uranium in gaseous form (called uranium hexafluoride).

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