Uranium Week: No Sanctions On Russian Imports

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While 500 more sanctions have now been placed on Russia, uranium imports are not included.

-No sanctions of Russian uranium exports
-Congress yet to make a decision
-Spot price suffers from lack of buyers -Paladin Energy reverses an impairment Following the death of Aleksey Navalny, the US government has levied additional sanctions on over 500 Russian individuals and businesses.This latest round of sanctions targets Russia’s financial system, its military supply complex, and other “entities and individuals, including those engaged in sanctions evasion and circumvention, and those bolstering Russia’s future energy and metals and mining production”, uranium industry consultant TradeTech reports.The sanctions, however, stop short of targeting Russia’s nuclear fuel or reactor technology exports. While Rosatom is named in the revised sanctions protocol, and this represents the sixth time the state-owned nuclear technology company has faced sanctions, the […]

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