US-Russian Warheads-for-Fuel Program Completed

2013/12/10

WASHINGTON, December 11 (RIA Novosti) – The last shipment of Russian uranium from nuclear warheads converted to reactor fuel arrived in Baltimore by sea on Tuesday, ending a program that has provided 10 percent of all US electricity over the past 15 years.


Since 1993, Russia has turned about 500 tons of weapons-grade uranium – the equivalent of 19,000 warheads – into low-enriched reactor fuel.


The uranium was then sold to US commercial nuclear plants under the so-called Megatons to Megawatts Program.


The Russian supplies have produced 7 trillion kilowatts of energy in the United States since the first shipments arrived in 1998.


Russia earned $17 billion under the program.


In March 2011, Russian state-owned uranium producer and trader Techsnabexport signed a $2.8 billion deal with the US Enrichment Corporation to supply it with low-enriched uranium for 10 years starting in 2013.



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