Ukraine has successfully dispatched its inaugural consignment of uranium, sourced from the esteemed Eastern Mining and Processing Plant to Canada

21/09/2023

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Regrettably, it is disheartening to acknowledge that Russia still maintains considerable control over a substantial portion of the global uranium market. This vexing situation poses challenges when it comes to imposing sanctions, given the numerous contractual agreements that various companies have with Russian entities for uranium supply. Nevertheless, we remain resolute in our efforts to displace them from this market and bolster uranium production within Ukraine," emphasized the Minister. In light of this collaborative endeavor, the initial batch of Ukrainian uranium, diligently extracted from the esteemed VostGOK facility, has been expertly loaded and dispatched to Canada. Furthermore, Ukraine has been granted a credit guarantee by the esteemed UK government, amounting to a noteworthy £192 million, as part of a fruitful partnership with Urenco. This credit guarantee has been extended to support Energoatom in availing uranium enrichment services. The Minister also shared t

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