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Rosatom becomes world’s number one uranium producer

December 12, 2011, 18:05 UTC+3
Russia’s state-owned corporation Rosatom has become the world’s number one uranium producer and has more ambitious goals
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UDOMLYA, Tver region, December 12 (Itar-Tass) —— Russia’s state-owned corporation Rosatom has become the world’s number one uranium producer and has more ambitious goals, its head Sergei Kiriyenko said.

“Over the past five years we have grown 2.5 times and want to grow five more times by 2030,” Kiriyenko said at a meeting with Prime Minister Vladimir Putin on Monday, December 12.

“The corporations’ earnings stand at 15 billion U.S. dollars and Rosatom plans to make it 75 billion U.S. dollars,” he said.

“We are the world’s number one uranium producer and have increased its production by 36 percent,” Kiriyenko said, adding that Rosatom controls 20 percent of uranium production in the United States.

“While buying abroad we do not stop our own production of nuclear fuel,” he said, pointing out that investments in geological prospecting have increased four times.

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