http://www.bellona.org/articles/Australian_dealRussia signs on for 4,000 tons of Australian uranium –but deal shows cracks in Moscow’s atomic planning
Charles Digges, 13/09-2007
NEW YORK – Russian publications have finally revealed the country will purchase 4,000 tons of uranium from Australian in a deal the two nations signed last week in an effort to boost what Moscow thinks is a flagging uranium supply, Gazeta.ru reported.
Under the terms of the deal, Russia is not to sell the uranium to any third party countries, especially Iran, for whom Moscow is building a $1 billion light-water reactor.
Russian commentators have said the deal will indeed boost supplies in Russia to meet what one official said was a demand for 5,000 tons annually for its own domestic use, and a total of 15,000 tons for export.
Initially hailed as a strengthening of Russia’s burgeoning nuclear industry by Russian media, however, Vladimir Milov, the president of Russia’s Institute of Energy Politics said the deal is a clear sign of Russia’s failures within its nuclear sector to meet its needs, and in the end, put Russia’s nuclear industry at the mercy of western countries and western aligned industrial concerns.
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