USEC to lose sole Russian uranium rights – Rosatom

U.S. uranium trader USEC Inc. will lose its exclusive right to import Russian nuclear fuel to the United States by 2009 at the latest, Russia’s atomic energy chief said on Saturday.

Sergei Kiriyenko said an agreement on civil nuclear cooperation announced by U.S. President George W. Bush and Russia’s President Vladimir Putin contained a clear mandate for the U.S. government to end the monopoly.

If that does not happen, Russia will seek to overturn the monopoly in the courts anyway, said Kiriyenko.
Reuters