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Vladimir Putin hints at curbing uranium exports

Move in retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies

Vladimir Putin has called on Russian officials to consider restrictions on exports of commodities including uranium, in retaliation against fresh western sanctions against Moscow and its allies.

“Please take a look at some of the types of goods that we supply to the world market . . . Maybe we should think about certain restrictions — uranium, titanium, nickel,” Russia’s president said in a televised meeting with top government officials on Wednesday. 

Any curb on sales of enriched uranium could affect western nuclear reactors. Many of them have long-term contracts for supplies from Russia, which accounts for about a third of the world’s uranium enriching capacity, and about 5 per cent of uranium mining.  

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