Rosatom Contracts on Uranium Deliveries to U.S. Worth $6.5 Billion

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

Export portfolio of JSC Techsnabexport, Russia largest exporter of nuclear fuel and nuclear fuel cycle technology (subsidiary of Rosatom state nuclear corporation), includes 25 contracts for the supply of uranium products to US energy companies worth some $6.5 billion, the company said Tuesday. The statement added that the Russian side had used the limits of uranium deliveries by 2020 had been used by 95%, while the limits agreed for a 2011-2016 period had been supplied to the full extent. According to the website of the JSC Techsnabexport, in 1986 the company reached an agreement on supplies of uranium to the U.S. with the U.S. SWUCO Inventory Storage Corporation and started the deliveries in 1987.