World price of nuclear fuel will not rise dramatically in near future

The price of nuclear fuel on the world market will not rise dramatically in the near future. As a Rosbalt correspondent reports, this announcement was made by Director of Techsnabexport Vladimir Smirnov at a press conference today. He said that the recent rise in nuclear fuel prices was caused by the flooding of a uranium mine in Canada. In the near future there will only be a gradual rise in the price of nuclear fuel. Mr Smirnov also pointed out that Russia has a 25% share of the world market for uranium enrichment. He believes this is due to the high potential of Russian nuclear energy and Russia's continual integration into the world community.