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Russia restrictions boost case for restarting UK uranium conversion, says Cameco

Springfields nuclear plant could benefit from expected rise in demand for facilities that process the metal
The Springfields nuclear facility in Preston, northern England

Russia’s exclusion from uranium fuel supply chains has made the case for restarting one of the UK’s biggest nuclear power plants more compelling, the facility’s joint owner has said.

The comments by Grant Isaac, finance director at Canada’s Cameco, part-owner of the Springfields nuclear site in Preston, northern England, came after Russia last month banned exports of enriched uranium fuel to the US. Uranium is a key fuel needed to run nuclear plants.

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