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Energy Franklin Molina - 1 Molina - 1 Russia's - 1 Rosatom's - 1 Kirill Komarov - 1 Citic - 1 Daniel Ramos - 1 Maxim Rodionov - 1
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Search resuls for: "Rosatom's"


4 mentions found


☆ Bolivia seals $1.4 billion lithium deals with Russia's Rosatom, China's Guoan
  + stars: | 2023-06-29 | by ( Daniel Ramos | ) www.reuters.com   time to read: +2 min
LA PAZ, June 29 (Reuters) - Bolivia has signed lithium agreements with Russian state nuclear firm Rosatom and China's Citic Guoan Group, the South American country's government said on Thursday, as it looks to develop its huge but largely untapped resources of the battery metal. Bolivia's iconic salt flats are home to the world's largest lithium resources at 21 million tons, according to the U.S. Geological Survey, but the country has long struggled to ramp up industrial production or develop commercially viable reserves. Russia's Rosatom, which bid via its Uranium One Group unit, confirmed the news, saying it would invest $600 million in the project, its first large-scale lithium venture overseas, with planned annual capacity of 25,000 tons of lithium carbonate. The deal with Uranium One Group was for feasibility and pre-investment studies, he said, adding multiple tests with Russian technology on the salt flats had shown a lithium recovery rate over 80%, with a purity of around 99.5%. Reporting by Daniel Ramos; Additional reporting by Maxim Rodionov; Writing by Adam Jourdan; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.
Persons: Energy Franklin Molina, Molina, Russia's, Rosatom's, Kirill Komarov, Citic, Daniel Ramos, Maxim Rodionov, Adam Jourdan, Richard Chang Organizations: LA, Guoan, American, Energy, . Geological Survey, Tesla, BMW, Uranium, Thomson Locations: LA PAZ, Bolivia, United States, America, La Paz, Pasto Grande, Uyuni Norte
☆ The US is sending $1 billion every year to Russia's nuclear program, despite pledging to cripple its economy with sanctions
  + stars: | 2023-06-15 | by ( Marianne Guenot | ) www.businessinsider.com   time to read: +4 min
The US is heavily reliant on Russia's cheap nuclear fuel to produce emissions-free energy. Russia's nuclear agency has been running Zaporizhzhia nuclear power plant since its capture from Ukraine. The money for enriched uranium is received by subsidiaries of Rosatom, Russia's state-owned nuclear agency, which has been running Ukraine's Zaporizhzhia nuclear power plant since its forceful capture in March 2022. US companies spent about $1 billion in 2022 buying nuclear fuel from Rosatom, The New York Times reported. According to The New York Times, around a third of enriched uranium used in the US is now imported from Russia.
Persons: —, Joe Biden, Darya Dolzikova, ANDREY BORODULIN, Biden, Putin, Antony Froggatt, Frogatt Organizations: Service, The New York Times, Times, Royal United Services Institute, Getty, Union, West, Street Journal, Rosatom, Environment and Society Centre of London, Chatham House, Washington Post Locations: Ukraine, The, Russia, Rosatom, Russia's, AFP
☆ Hungary and Russia hold talks on gas, nuclear plant
  + stars: | 2022-09-23 | by ( ) www.reuters.com   time to read: +2 min
Gazprom (GAZP.MM) started to ramp up gas supply to Hungary last month, adding to previously agreed deliveries under a long-term supply deal via the Turkstream pipeline. Russia supplies Hungary with most of its oil and gas needs. "Our national interests dictate that we should pursue a reliable and predictable cooperation with Russia, with Gazprom, as without this, Hungary's natural gas supply would not be secure," Szijjarto said. Szijjarto said Hungary had received another shipment of nuclear fuel for the Paks plant from Russia. Hungary aims to expand the plant with two Russian-made VVER reactors with a capacity of 1.2 gigawatts each.
☆ The world is staring down a brutal winter of soaring energy prices, rolling blackouts, and freezing homes. But there's a clear solution to the crisis — if we aren't too scared to use it.
  + stars: | 2022-09-20 | by ( Kartik Menon | ) www.businessinsider.com   time to read: +11 min
Confronted with energy shortfalls into the colder months and years of potential energy uncertainty, one solution has gained traction around the globe: nuclear energy. Many nations, including the United Kingdom, Netherlands, France, and Japan, have begun or reconsidered massive sovereign investment into nuclear power. Reliable, low-cost, and carbon-free, nuclear energy allows these nations to arrest the economic decline from higher energy prices and make progress toward net-zero goals. Compared to other sources of energy, nuclear power is relatively safe — the number of deaths per terawatt hour produced is comparable to wind and solar energy. These are encouraging steps toward getting the West off of Russian energy and helping consumers weather the tough times ahead.
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