Civil nuclear fuel cooperation: statement on investments for nuclear fuel security
The UK, US, Canada, Japan and France reiterated their intention to work together to build resilient allied supply chains for nuclear fuel to reduce reliance on Russia.
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- News Announcement Investments for nuclear fuel security: Sapporo 5 statement
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The Sapporo 5 grouping of G7 nuclear energy countries announced that they have mobilised $5.6 billion to date to establish a global commercial nuclear fuel supply chain, offering international partners an alternative to Russian-supplied fuel.
They also called on like-minded nations to commit to the objectives of the group and seek a nuclear fuel supply free from Russian influence.
This builds on previous announcements, made in April and December 2023, aimed at displacing Russia from the international nuclear energy market.