Anna Kupriyanova, a senior analyst of the analytical investigation department of Uralsib Capital LLC:

 — The deal with Uranium One will allow Rosatom to increase the share of its raw material in enrichment

Rosatom is going to use the controlling stock interest in Uranium One, a Canadian company, as a starting point for the plan of global diversification. This was announced by Sergey Kiriyenko, the head of Russian sate corporation, in the interview granted to Financial Times. General Director of Rosatom noted that acquisition of Uranium One was not an ultimate goal of their uranium strategy development. Kiriyenko explained that they wanted to provide the growth platform as a base for further development of their progress in integration, cooperation and deals of amalgamations and mergers at other markets. The head of Rosatom gave an interview being on an official visit in Canada in order to support the deal of increasing the share of Atomredmetzoloto, a uranium holding, in Uranium One from 17% up to 51%.

Anna Kupriyanova, a senior analyst of the analytical investigation department of Uralsib Capital LLC:

The main objective of this alliance is diversification of the resource base. Besides, the deal with Uranium One will allow Rosatom to increase the share of its raw material in enrichment and to reduce costs as well.

Certainly, the natural uranium segment may be considered as one of the perspective directions for investments in the nuclear fuel cycle as the demand for uranium fuel and uranium in the world continues to grow.