4 Jun (NucNet): Russia’s Techsnabexport and Exelon of the US have signed a long-term enriched uranium product (EUP) contract that will secure direct supplies for Exelon from 2014-2020.
Techsnabexport said EUP deliveries will be provided from any of four Russian enrichment plants.
This signing follows uranium deals signed last week in Moscow between Tenex and the Fuelco group and after the conclusion of an agreement that wllows Russian front-end nuclear fuel cycle products and services to be sold on the US market.
Because of a US anti-dumping investigation, US utilities could previously obtain Russian enriched uranium only through USEC under the US-Russian government agreement to dismantle nuclear weapons. Russia has said it will not renew that agreement after its expiration in 2013.
The US and Russia agreed last year to suspend the antidumping investigation and allow Tenex gradual direct access to the US market.
>>Related reports in the NucNet database (available to subscribers)
Russia’s New Uranium Venture Targets Domestic And Foreign Markets (World Nuclear Review No. 45, 10 November 2006)
India Signs Two Nuclear Fuel Supply Contracts With Russia (News in Brief No. 20, 12 February 2009)
