The US purchases enriched uranium from Russia because it is cost-effective, and Russia is ready to expand the agenda of this cooperation, Alexey Likhachev, Head of ROSATOM, told reporters. The majority of states have not cut pre-existing ties with ROSATOM, he noted. And for Russia, selling uranium to other countries, including the US, is a very profitable business. "Despite all bans, the Americans buy it [uranium] because moneywise, it makes sense for them. In this respect, especially in the ...

The Brazilian government and Russia’s Tenex, a subsidiary of Rosatom (formally known as Techsnabexport, Tenex being its export brand), have launched discussions on the joint extraction of uranium and lithium in the South American republic, the Brazilian newspaper Folha de S.Paulo reported, citing Minister of Mines and Energy Alexandre Silveira. The sides aim first to assess the feasibility of launching joint mining projects, he said, noting that Brasilia expects the partnership with Russia to ...