Hi ZXC We were all distracted by The Russian SMO in Ukraine...

Hi ZXC

We were all distracted by The Russian SMO in Ukraine which started on the same day as Vattenfall’s announcement. I believe Canada and Australia are now Sweden’s main uranium suppliers.

‘….Sweden’s nuclear energy company Vattenfall AB, announced on February 24 that it would not place new orders with Russian companies for nuclear fuel until further notice. In the announcement, the President and CEO Anna Borg noted that the firm has secured alternative deliveries of nuclear fuel. Vattenfall sources its uranium supplies from Australia, Canada, Kazakhstan, and Namibia. So, the decision to not place new orders with Russian companies did not create a significant disruption for procurement of fuel.’

https://thebulletin.org/2022/05/five-reasons-that-russias-nuclear-exports-will-continue-despite-sanctions-and-the-ukraine-invasion-but-for-how-long/

Also, earlier this year I noted that The Swedish Government completed it’s final approval process for the Forsmark deep nuclear waste repository.

https://www.bloomberg.com/news/articles/2022-01-27/sweden-approves-nuclear-waste-site-to-keep-its-reactors-running

interesting times ahead