Russia and Ukraine will soon sign a contract for the supply of raw uranium

Russia and Ukraine will soon sign a contract for the supply of raw uranium

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Physical delivery will take place in the second half of 2018.

In the near future Russia and Ukraine will sign the contract in 2018 in respect of the supply of uranium raw materials from Ukraine in Russia.

This was reported by General Director of JSC “international center on uranium enrichment” (IUEC) Gleb Efremov, reports “Interfax-Ukraine”.

Ukraine enriches its own uranium concentrate at the facilities of the IUEC member who is. Every year, the country, the project supplies about 80 tonnes of uranium concentrate.

“Last year, under the new agreement, we have fulfilled the contract in 2017. Now will contract in 2018. His signing, and implementation will occur in the near future. We have included the amount that is provided for the supply to Ukraine in the current production program. Now we are waiting for from Ukraine it was signed, on our side, signed the contract for the current year has already been sent to the Ukrainian side,” – said Efremov.

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Physical delivery of material scheduled in the second half of 2018.

Yefremov noted that Ukraine is complying with the payment schedule, “work continues in the normal mode, schedules of payments of Ukraine for fuel meet planned contractual obligations.”

The IUEC was established in 2007 in Angarsk electrolysis and chemical complex (part of “Rosatom”) to provide services for the enrichment of uranium to non-nuclear States. Enriched uranium is used for fabrication of fuel assemblies (fuel rods) and the supply of nuclear fuel to the countries-shareholders.

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