Germany Will Have No Choice But To Allow Russian Uranium Shipment

The German government’s hands are tied and it has no choice but to permit the shipment of Russian uranium en route to French nuclear plants simply because the European Union’s sanctions on Russia do not cover atomic fuel.

A shipment of uranium aboard the Russian ship Mikhail Dudin is currently docked in the Fench port of Dunkirk and is on the way to a processing plant in Lingen, near the German-Dutch border. 

Environmentalists have appealed to Germany and the Netherlands to block the shipment, but Germany, through Andreas Kuebler, a spokesman for the Environment Ministry, said that they will not be able to block the shipment.

“We have no legal grounds to prevent the transport of uranium from Russia because the sanctions imposed by the EU due to the Russian invasion of Ukraine exempt the import of nuclear fuel … to the EU from import bans,” Kuebler told reporters in Berlin. He also added that the Russian shipment passed all safety requirements, implying that German authorities had no choice but to approve it.

“You can imagine that we view such uranium shipments very critically due to the Russian invasion, but also because of Germany’s exit from nuclear in general,” he added. The spokesman also said that Russia is not the only source of uranium, and pointed out that Canada could be a “possibility.”

Germany has been working to phase out nuclear power since 2011, and originally planned to have its three remaining plants go offline at the end of the year. Earlier in September, the government confirmed that they will keep two plants online until April next year as Europe grapples with an energy crisis from the dwindling supply of Russian gas.

Unlike Germany, France is heavily dependent on nuclear power for its energy needs. The plant in Lingen is operated by Framatome, a company majority-owned by French energy giant EDF. The energy giant operates all of France’s nuclear plants and is majority-owned by the French government. 

On Monday, anti-nuclear activists staged a protest near the processing plant in Lingen.

The protest featured placards saying “No money for Putin’s war.”


Information for this briefing was found via Washington Post and Twitter. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Higher Gold Prices Are Changing What Counts as a Real Discovery | Mike Bennett – Altamira Gold

Why Silver Still Hasn’t Seen the Real Mania | Craig Hemke

Why Copper Needs a Much Higher Price to Fix the Supply Problem | Greg Ferron – PTX Metals

Recommended

Goliath Resources Kicks Off Fully Funded 50,000 Metre Drill Program At Surebet

First Phosphate Lifts Bégin-Lamarche Indicated Tonnage by 378% In Latest Resource Update

Related News

Russia Responds To War-Induced Workforce Crunch By Easing Child Labor Restrictions

Russia has moved to amend labor laws to make it easier for teenagers as young...

Friday, November 11, 2022, 04:04:00 PM

Rick Rule: The Real Silver Squeeze Is Yet To Happen

Returning to the Daily Dive today is Rick Rule, the former President and CEO of...

Thursday, January 27, 2022, 01:30:00 PM

Russians Ditch Ruble for Stablecoins as Sanctions Cripple Russia’s Currency

Russian citizens have been increasingly flocking to stablecoins in lieu of the ruble, as tough...

Monday, February 28, 2022, 05:10:00 PM

Tesla’s European Factory Construction Halted Following Environmental Concerns

Over the past several days, Tesla’s value soared to an astronomical $611 billion market cap...

Wednesday, December 9, 2020, 04:37:00 PM

Germany Invokes Emergency Gas Plan Ahead of Russia’s Ruble Demand Deadline

Germany enacted an emergency plan to help brace for natural gas disruptions from Russia ahead...

Wednesday, March 30, 2022, 05:45:50 PM