The Russian state-run nuclear agency Rosatom, has enough uranium for the next 100 years, a company’s representative told RIA Novosti.
“Rosatom controls the second most Uranium reserves in the world.
The raw material from Russian and foreign fields (in Kazakhstan in particular), will be enough for Rosatom’s Russian and international projects for the next 100 years,” the agency’s representative said.
Earlier, Australia’s Finance Minister Mathias Cormann told Sky News television that the Australian government would consider banning uranium exports to Russia as part of a new stage of sanctions against the country following Moscow’s ban on food imports from Australia.
Russia has introduced a one-year ban on agricultural and food product imports from the countries that have imposed sanctions on Moscow over the Ukrainian crisis, namely Australia, Canada, the European Union, the United States and Norway.
The list includes meat, poultry, fish, seafood, milk, dairy products, and fruit and vegetables.
Australia has the world’s largest uranium reserves. Russia signed an agreement with Australia on the peaceful use of nuclear energy in 2007, and received first uranium supplies in 2012.
South Africa has 5 % of the worlds known uranium resources.
Rosatom signed a conterversial nuclear deal with the South African energy department to build six nuclear power plants in South Africa.
The preferred site for the first nuclear reactor is Thyspunt.