You are here: 
Home / News / Social life / Safety
rss News rss Articles rss General

Australia is going to revise the agreement for the supply of uranium to Russia

September 1 2008

Australia is going to revise the agreement for the supply of nuclear fuel to Russia in connection with the Georgian-Ossetian conflict, said Australian Foreign Minister Stephen Smith.

"Taking the decision to ratify the agreement, the Government will take into account not only the conditions of this agreement but recent and ongoing events in Georgia" - said Stephen Smith, speaking in parliament.

In September 2007, Rosatom head Sergei Kiriyenko and head of the Australian Foreign Minister Alexander Downer signed an agreement on cooperation in using nuclear energy for peaceful purposes in Sydney. The agreement is subject to ratification by the parliaments of two countries (it was expected that the document will be ratified by the autumn of 2008). By its terms, Australia's leading world's largest uranium reserves, will supply it to Russia for reprocessing and use in Russian nuclear reactors.

After its entry into force of the economic entities of both countries can enter into direct contracts for all activities that are provided by the document. In addition, it will create an opportunity for third-country companies in Russia to order services for high-tech processing of uranium with the Australian Code (conversion, enrichment, fuel production for nuclear power plants).

Australia has about half of all uranium reserves in the world. Russia ranked third in the world in proven reserves of natural uranium, mining is considered cost-effective (more than one million tonnes)

Print version

Photo Gallery
At this moment...

Week top publications
Popular reading
©2006-2019 All rights reserved display number of browses и visitors for 24 hour