US spends nearly 700 million USD to buy uranium from Russia

On August 24, the US Census Bureau released data showing that Washington purchased 416 tons of uranium from Russia in the first half of this year, more than double the same period in 2022 and the highest level since 2005.

Russia supplies enriched uranium to the US for civilian nuclear power generation. (Source: Sputnik)

Russia only supplies the US with enriched uranium, a key ingredient for civilian nuclear power generation, RIA Novosti reported. And Washington paid $696 million for Moscow's uranium imports, marking the highest value since 2002.

In the first half of 2023, the share of uranium imports from Russia increased by 13% to 32%, with the value increasing 2.5 times.

The US also significantly increased its uranium purchases from the UK in the first half of this year, up 28% to $383 million (18% of total US imports). Imports from France jumped to $319 million (15% of total US imports), compared to $1.9 million in the same period in 2022.

In addition, Germany and Canada are also among the top 5 uranium suppliers to the US market, accounting for 13% and 11% of imports, respectively.

Previously, According to the New York Times, about a third of the enriched uranium used in the world’s largest economy is imported from Russia. GHS Climate, a clean energy consultancy, claims that one in 20 homes and businesses in the United States was powered by Russian uranium last year.

Source: https://baoquocte.vn/my-chi-gan-700-trieu-usd-mua-uranium-cua-nga-239656.html