Free Republic

The Atomic Energy Organisation of Iran and Nuclear Power Production and Development Company of Iran have signed an additional agreement to the current commercial contract for nuclear fuel supply to the Bushehr I nuclear power plant. According to the new document, Russian nuclear fuel manufacturer JSC TVEL will replace the UTVS fuel assemblies it has supplied to the VVER-1000 reactor with its more advanced TVS-2M fuel design..... TVEL is the sole supplier of nuclear fuel to Russian nuclear power plants and also supplies 75 reactors in 14 countries, research reactors in eight countries, as well as transport reactors of the...

In 2013, Rosatom, backed by the Russian state, acquired a Canadian uranium mining company, now called Uranium One, which has assets in the U.S. Uranium is a key material for making nuclear weapons. Through the deal, Russia is able to own about 20 percent of U.S. uranium production capacity. However, Colin Chilcoat, an energy affairs specialist who has written extensively about Russia's energy deals, said that the company only extracts about 11 percent of uranium in the U.S. The deal also “doesn’t allow for that uranium to be exported at all,” Chilcoat told Fox News. “It’s not like it’s leaving the...