#STANDWITHUKRAINE

On December 21, 2022, an online meeting was held between the President of SE "NNEGC "Energoatom" Petro Kotin and the President and Chief Executive Officer of CAMECO Tim Gitzel

They discussed the possibility of supplying uranium hexafluoride, which will ensure nuclear fuel manufacturing for Ukrainian nuclear power plants. Also during the meeting, the sides touched upon the importance of long-term – until 2035 – cooperation between Energoatom and CAMECO.

Such interaction will guarantee the safety of nuclear fuel supply to Energoatom. In addition, the cooperation of the companies is also crucial amid increasing the efficiency of uranium production at the domestic Eastern Mining and Processing Plant.

Earlier, in September 2019, SE "NNEGC "Energoatom" and CAMECO signed a Memorandum of Understanding in the nuclear field aimed at the cooperation development in the production and supply of nuclear materials and nuclear fuel.

For reference: According to the results of 2021, the volume of uranium production by CAMECO was 9% of its global production. Currently, CAMECO is the world's third largest uranium producer.