Uranium one – a part of the Russian state-owned nuclear corporation Rosatom which manages Rosatom’s foreign mining assets – said that it’s “optimizing” some of its assets, by transferring their ownership to its Russia-based company.
Those assets were joint ventures with Kazatomprom. Kazakhstan signed off on the deal.
Investors on Twitter have been speculating that Russia is preparing for European sanctions on uranium, even though the European Union said earlier it cannot afford to go through with them at present.
