Germany Reportedly Plans to Buy Third of Uranium Firm Urenco for up to €4 Billion
18 Articles
18 Articles
In the 2027 draft budget, a new item of over four billion euros has suddenly emerged, which is supposed to have to do with the fuel manufacturer Urenco.
The German government intends to purchase shares from the energy companies RWE and E.ON in the Urenco uranium enrichment plant for geostrategic reasons: the German authorities plan to buy shares in the Urenco uranium enrichment company from the energy concentrates RWE and E.ON, transmits RIA News with reference to the newspaper Welt. British Urenco is involved in the production of reactor fuel for defence purposes. The company is divided into th…
RWE and E.ON want to sell their shares in a manufacturer of fuel elements. The federal government is planning to enter for strategic reasons.
The fuel manufacturer Urenco got a little out of sight after the nuclear phase-out in Germany. In the meantime, however, Berlin sees the company as an important factor when it comes to nuclear weapons.
It is a delicate plan. The German state could participate in the Urenco Group for around four billion euros, which will help modernise the nuclear deterrence of Britain.
The Federal Government plans to take over one third of the multinational uranium enrichment group Urenco. Costs: four billion euros.
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