Are there strategic implications for increasing Russian control of uranium production based on the Hillary Clinton Uranium One deal ? I would say no. It is national security adjacent and mainly corruption similar to the Gerhard Schröder Gazprom situation.
The Uranium deal I am referring to is the Uranium One buyout that was approved by Hillary Clinton. This appeared to be in exchange for millios to tens of millions donated to the Clinton foundation and perhaps millions of speaking fees for Bill Clinton.
Uranium production matters more than Uranium reserves
Reserves is only how much they bothered to find and the quality of how easy the source is to produce.
Russia and Kazakhstan already produce about 50% of world uranium.
It is about 15 times more than the USA.
USA at about 1900 tons per year
Kazak at about 24000 tons per year
russia at about 4000-5000 tons per year.
Canada having big oilsand reserves but produces a lot less than Saudi Arabia.
The USA has less uranium reserves than Russia and less than Kazakhstan.
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As Chancellor of Germany, Gerhard Schröder was a strong advocate of the Nord Stream pipeline project, which aims to supply Russian gas directly to Germany, thereby bypassing transit countries. The agreement to build the pipeline was signed two weeks before the German parliamentary election. On 24 October 2005, just a few weeks before Schröder stepped down as Chancellor, the German government guaranteed to cover 1 billion euros of the Nord Stream project cost, should Gazprom default on a loan. However, this guarantee had never been used.] Soon after stepping down as chancellor, Schröder accepted Gazprom's nomination for the post of the head of the shareholders' committee of Nord Stream AG, raising questions about a potential conflict of interest. German opposition parties expressed concern over the issue, as did the governments of countries over whose territory gas is currently pumped.
The Uranium deal I am referring to is the Uranium One buyout that was approved by Hillary Clinton. This appeared to be in exchange for millios to tens of millions donated to the Clinton foundation and perhaps millions of speaking fees for Bill Clinton.
Uranium production matters more than Uranium reserves
Reserves is only how much they bothered to find and the quality of how easy the source is to produce.
Russia and Kazakhstan already produce about 50% of world uranium.
It is about 15 times more than the USA.
USA at about 1900 tons per year
Kazak at about 24000 tons per year
russia at about 4000-5000 tons per year.
Canada having big oilsand reserves but produces a lot less than Saudi Arabia.
The USA has less uranium reserves than Russia and less than Kazakhstan.
Read more »
