To: TobagoJack who wrote (184385 ) 2/24/2022 9:06:27 PM From: TobagoJack Respond to of 217620 Need to add <<URNM >> in case uranium goes unobtainium or otherwise clench In the below case am guessing there would be financial penalties on the Swedes, which presumably would aid in the Russian war effort, and at the same time allow Russian to double-spend the undelivered uranium to others All very complicated and complicatingzerohedge.com Uranium Stocks Surge After Swedish Utility Giant Suspends Deliveries Of Russian Uranium And Nuclear Fuel The uranium sector got an unexpected boost today when Swedish state-owned utility Vattenfall announced it will cease taking any deliveries of nuclear fuel from Russia for its nuclear power plants following Russia’s invasion of Ukraine. The company on Thursday said it has decided to stop planned deliveries and to not place any new orders from Russia until further notice. Vattenfall added the operation of its nuclear power stations will not be affected as its procurement strategy is to have multiple suppliers from different countries. From the press release :We are deeply concerned by the serious security situation in Europe and Russia’s invasion of Ukraine. We have therefore decided that no planned deliveries from Russia to our nuclear power plants will take place until further notice. We will also not place any new orders from Russia to our nuclear power plants until further notice. Our procurement strategy is based on having multiple suppliers from different countries, in order to safeguard our independence and security of supply to our nuclear power plants. Based on this we also have plans to manage possible irregularities in the supply. The operation of our nuclear power plants will therefore not be affected by these decisions. The company, which generates electricity from a range of sources, including hydro, nuclear, fossil fuels and wind, aims to phase out fossil generation and increase the share of renewables. In 2021, nuclear accounted for 40.4 TWh of the company’s total generation of 111.3 TWh, while wind provided 11.1 TWh. According to the company’s website, in 2020, nuclear energy accounted for around 30% of Sweden’s electricity production. The news sent North American uranium miners soaring, with Cameco gaining as much as 12% in Toronto, on trading volume double the 20-day average so far. Energy Fuels was up nearly 11%, while other gainers include: NexGen Energy +9.8%, Uranium Energy +9.4%. [url=] [/url]