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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Discovery at Luis Hill Prompts Acceleration of Phase 2 Program for Questcorp

Selkirk Copper Completes 52,000 Metre Phase 1 Drill Program At Minto, Assays Pending

Related News

Microsoft Enters Plan to Revive Three Mile Island Nuclear Plant for Data Center Power

Microsoft (NASDAQ: MSFT) has announced a deal with Constellation Energy to resurrect Pennsylvania’s dormant Three...

Friday, September 20, 2024, 10:00:22 AM

Hackers Found That Russia Paid Iran $1.75 Billion ‘In Literal Gold’ for 6,000 Drones

The Prana Network, a group of hackers, has reportedly infiltrated the email servers of the...

Wednesday, February 7, 2024, 02:58:00 PM

Sanctions Against Russia Miss A SWIFT Start

Sanctions against Russia include a ban on the issuance of foreign debt for the US...
Friday, February 25, 2022, 09:58:00 AM

Alberta Signs Third Small Modular Nuclear Reactor Deployment Agreement

The Korea Atomic Energy Research Institute (KAERI) and the Government of Alberta have signed a...

Friday, April 21, 2023, 11:54:00 AM

US Invests $2.8 Billion in Nuclear Power Resurgence

The Biden administration yesterday announced plans to restart decommissioned nuclear reactors and invest in new...

Tuesday, October 8, 2024, 11:43:00 AM