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Yes, uranium is not for the West: "Is it a threat to Western plans? It's just ridiculous."

Unlike Rosatom, Western companies are in no hurry to increase uranium production. Photo: Rosatom

In the UK, they said that in 15 years, Rosatom may control almost 40% of the mined uranium, which poses a threat to the energy security of the West. Experts note that there is no threat, as the company operates on the domestic market and under long-term contracts. At the same time, Western companies themselves do not invest enough money in the extraction of raw materials.

The Financial Times published an article on the report of the Center for Strategic Advantage (CSA). Its essence is that the West may again become dependent on Russia, which will be able to control 36% of world production by 2040.

"The original report referred to by the British newspaper was prepared by a little—known British analytical center, and in order to access its full text, it is necessary to provide certain personal data, which resembles intelligence practice," says Alexander Uvarov, director of the AtomInfo Center.

In his opinion, the report itself is in the spirit of horror stories "The Russians are coming!" of the Cold War.

"Therefore, I would not take him seriously," Alexander Uvarov believes.

The expert does not deny that Rosatom is mining natural uranium in Russia and Kazakhstan and plans to develop projects in Africa.

"But the priority of the nuclear state corporation is to provide raw materials for the nuclear industry of our country and fulfill contractual obligations to foreign customers. To talk about any threat to Western plans in the nuclear field is simply ridiculous," adds the director of the AtomInfo Center.

The article itself says that Western companies themselves do not invest sufficient funds in production, but it is the dependence on Russia that attracts particular attention, which the West can get into on its own.

As reported by EADaily, the USA and countries The EU plans to abandon low-enriched uranium from Russia. But so far, Rosatom is the main supplier, and Western projects to create enrichment facilities have not gained momentum.

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06.09.2026

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