Great quote from David Talbot in a recent interview:
“The Russians say they’re not going to do it. The Russians aren’t making money downblending uranium and they’ve said they’re going to sell forward a lot of their enrichment capacity…. The last time this HEU agreement came into play, it took I think four years and six governments plus all the agencies to put it in place. It was a very grueling process. That process is not underway right now.”
For me that really does say it. So many times you hear that the HEU agreement is expected to end – I’ve even said it myself – but rarely do you hear someone step forward and say here’s the proof. Great news that Talbot has stepped forward with what he feels (and I agree) to be confirmation that the HEU agreement will not be going forward.
Incidentally, if you’re interested in checking out the full interview you can find it here. It’s a good read and touches upon many of the important issues affecting the uranium sector at this present time and going forward.
Dev Randhawa
