RE:RE:Who owns Westinghouse?
Need another hint to solve this weekend’s brainteaser cowboy? Here, three paragraphs (below) from Dev’s March 17, 2015 CEO Corner blog.
Please read slowly & thoroughly this time 1 star cowboy. Dev is hinting at an increased demand scenario: more specifically at how this increased demand translates into a need for
*more uranium mining production (*non-Russian, as in Canadian perhaps).
Come on cowboy, clue in man. I've added some bolding & underlining to help you out.
Yes Dev,
some of us
are paying attention.
My interest in an article this week on the Ukraine concerns supply-side vulnerabilities. Ukraine has the world’s eighth-largest nuclear capacity so when it comes to demand, they are a player. Unsurprisingly, Russia is Ukraine’s primary supplier of nuclear fuel. After all, the two countries share a border, Ukraine’s reactor fleet is of Russian design and construction and Russia is the largest source of secondary uranium supply.
The article draws attention to a deal that Ukraine struck with US nuclear firm,
Westinghouse, back at the end of 2014 to supply uranium.
It also notes that countries such as France and the Czech Republic has moved to diversify nuclear fuel supplies and the EU has now ruled that such diversification of supply is mandatory for all new nuclear plants in the EU.
Essentially, just as Fission director,
Anthony Milewski warned in a blog post in May 2014, Russia’s tendency to use its position as one of Europe’s leading uranium, oil and gas suppliers as a political tool is starting to backfire. This is a country that supplies up to 40% of Europe’s enriched uranium and
if the buyers are moving to reduce Russia’s role as a supplier then more pressure will be placed on traditional sources of production aka mining.
https://www.fissionuranium.com/ceo-corner/index.php?&content_id=220
.