SCO & BRICS latest news and insights
The United States banned the import of oil, coal and gas from Russia two years ago, it did however continue to purchase Russian nuclear fuel. Now the US has decided to target the Russian nuclear fuel sector with sanctions. However, the sanctions ban is designed in such a way that it will have no re...
By Rhod Mackenzie
The price of raw materials for nuclear reactors is rising again, fuelled by the latest US attempts to antagonise Russia. For a long time they did not dare to ban the import of Russian uranium, which is very important for them, with real risks for American nuclear power plants and...
By Rhod Mackenzie
The major BRICS countries of China,India and Russia are at the forefront of the use of and the the continued building of nuclear power plants to generate clean sustainable energy while the West has pinned its hopes on the so called renewables of Wind and Solar the BRICS are goin...
By Rhod Mackenzie
According to First Deputy General Director of Rosatom Kirill Komarov, prices for natural uranium have increased three to five times over the last year.
Komarov stated at the Atomexpo 2024 forum that the year has been significant in terms of trends in the nuclear fuel market and...
The price of the enriched uranium sold by Russia to EU countries has increased by 2.5 times. In 2021, the price per kilogram which was €678, rose to €1163 in 2022 and further t increased to €1713 by the end of 2023. This is close to the 2013 figure when a kilogram of uranium cost €2,004.So will the...
Following a 16-year high at the end of January 2024, the price of uranium has gradually decreased. At present, there appears to be no immediate catalyst for a rapid increase in prices.
On January 30, 2024, the price of uranium reached $106 per pound, its highest point since November 2007, which was...
