The deal would see Cameco supply the total fuel required at nine nuclear reactors at Energoatom’s Rivne, Khmelnytskyy and South Ukraine nuclear power plants, the company said.
The contract will also contain an option for Cameco to supply up to 100% of the fuel for six reactors at the Zaporizhzhya nuclear power plant, currently under Russian control, should it return to Energoatom.
Russian forces seized the Zaporizhzhya plant in early March last year, soon after invading Ukraine. Russia and Ukraine had accused each other of firing around it near the front lines, prompting the International Atomic Energy Agency to place experts at all of Ukraine’s five nuclear stations.
(By Sourasis Bose; Editing by Shailesh Kuber)
