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Ukraine uranium deal signedMon 20:44

today...

https://world-nuclear-news.org/Articles/Energoatom-and-Cameco-sign-fuel-and-uranium-agreem?feed=feed

The first of the bilateral agreements signed will see Cameco meeting 100% of Energoatom's need for natural uranium hexafluoride from 2024 to 2035 for the nine nuclear reactors at the Rivne, Khmelnitsky and South Ukraine plants for the duration of the contract. These plants have combined requirements over the contract term of some 15.3 million kgU as UF6 - equivalent to 40.1 million pounds U3O8 (15,424 tU).}

The second agreement covers the sale of Ukrainian uranium to Canada, with conversion of the uranium being provided by Cameco.

Kotin said that the two agreements paved the way for concluding a third agreement, on specific quantities of uranium product supply, adding: "Cooperation with Cameco is strategic and necessary for Energoatom, because together with Westinghouse we continue to move to Western standards. The development of domestic nuclear energy is possible only thanks to cooperation with our international partners."

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