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Russia's nuclear fuel dominance impedes Western energy independence

U.S. and Europe source 20% of enriched uranium from Russia

A nuclear power plant in France. Paris has given nuclear energy a second look in the interest of carbon reduction.   © Reuters

TOKYO -- Russia's large share in the nuclear fuel market presents a major challenge for Western nations as they try to achieve energy independence from Moscow by moving away from oil and gas.

Converting uranium extracted from mines to fuel for nuclear reactors takes three to five years, a major chokepoint in achieving a stable supply.

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