Russia hit by drop in CIS uranium sales

30 July 1998

Despite efforts to increase sales of uranium abroad, in 1997 Russian exports to the European Union countries dropped from 33% to 23% and amounted to the equivalent of only about 3636 t U308. Russia’s share of the European market, already restricted by quotas, declined further as a result of the emergence of suppliers from Central Asia, primarily Uzbekistan and Kazakhstan. While there was an overall reduction of uranium deliveries from the CIS countries from 43% to 33%, Kazakhstan and Uzbekistan managed to retain their 10% share of the market, largely because they have some of the world’s biggest reserves, over which the Europeans are hoping to win control.

In 1997 Russia delivered 18 t of weapons-grade uranium (equivalent to 6760 t of natural uranium) to the US, and about 2200 t were supplied to Eastern Europe.

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