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Russia is a dominant player in the global nuclear market.

Anadolu Agency | Anadolu Agency | Getty Images

Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine — much to the dismay of Kyiv officials and environmental campaigners.

Despite eight rounds of sanctions, targeted measures against energy exports and calls from Ukraine to impose a full embargo on nuclear trade, shipments of nuclear fuel to EU member states continue to make their way from Russia.

Ariadna Rodrigo, EU sustainable finance manager at environmental group Greenpeace, told CNBC via telephone that it is “absolute madness” for the bloc to continue bankrolling the Kremlin by ignoring Russia’s nuclear fuel trade.

“If EU governments are serious about stopping war, they need to cut the European nuclear industry’s umbilical cord to the Kremlin and focus instead on accelerating energy savings and renewables,” Rodrigo said.

On presenting its latest sanctions package, the European Commission did not propose targeting the trade of Russian nuclear fuel. The EU’s executive arm has previously targeted Russian oil, gas and coal as part of a broader strategy to ratchet up the economic pressure on the Kremlin.

Hungary and Bulgaria were the most vocal in opposing sanctions on Russian uranium and other nuclear tech last week, according to Rodrigo.

The fact that we are not discussing this properly just shows the double standards of the EU.

Ariadna Rodrigo

EU sustainable finance manager at Greenpeace

The commission has repeatedly condemned Russia’s war in Ukraine, accusing President Vladimir Putin of using energy as a weapon to drive up commodity prices and sow uncertainty across the 27-nation bloc. Moscow denies weaponizing energy supplies.

The few EU prohibitions on Russia’s nuclear energy sector that are in place, such as a port access ban on Russian-flagged vessels for the transport of nuclear fuel, contain numerous loopholes and campaigners argue much tougher measures are needed to reduce the bloc’s dependency on Russian nuclear services.

That sentiment is echoed by Kyiv.

Ukrainian President Volodymyr Zelenskyy said in early August that he had spoken with European Council President Charles Michel about the need for the EU to impose sanctions on the Russian nuclear industry.

“Russian nuclear terror requires a stronger response from the international community – sanctions on the Russian nuclear industry and nuclear fuel,” Zelenskyy said via Twitter at the time.

European Commission President Ursula von der Leyen and Ukraine President Volodymyr Zelenskyy (L to R) face the press during their meeting in mid-September in Kyiv, Ukraine.

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More recently, a top economic advisor to Zelenskky doubled down on this message, saying it was “extremely important to impose sanctions, not only on Russian oil.”

“Oil, gas, uranium and coal, all this should be banned. Because they are using this money in order to finance this war,” Oleg Ustenko said in late September, according to The Associated Press.

The Russian Foreign Ministry and the Russian Embassy in London did not immediately respond to a CNBC request for comment.

Russia’s energy influence goes beyond oil and gas

In April, a European Parliament resolution called for an “immediate” embargo on Russian imports of nuclear fuel and urged member states to stop working with Russia’s state-run nuclear giant Rosatom on existing and new projects.

But Russia is a dominant player in the global nuclear fuel market and any move to break the EU’s reliance on its services would likely be far from pain-free, particularly with Rosatom at the heart of Europe’s dependency.

Backed by Putin, Rosatom not only dominates the civilian industry but is also in charge of Russia’s nuclear weapons arsenal and is currently overseeing the occupied Zaporizhzhia nuclear power station in Ukraine.

The European Commission has repeatedly condemned Russia’s war in Ukraine, accusing President Vladimir Putin of using energy as a weapon to drive up commodity prices and sow uncertainty across the 27-nation bloc.

Mikhail Metzel | Afp | Getty Images

There are 18 Russian nuclear reactors in Europe, in countries including Finland, Slovakia, Hungary, Bulgaria and the Czech Republic. All of these reactors rely on Rosatom for the supply of nuclear fuel and other services.

Underlining the scale of Russia’s nuclear energy influence in some member states, even as the Kremlin’s onslaught in Ukraine continues, Hungary in late August announced the construction of two new nuclear reactors by Rosatom.

Moscow accounted for almost one-fifth (19.7%) of the EU’s uranium imports last year, according to the latest available data from the Euratom Supply Agency. Only Niger (24.3%) and former Soviet republic Kazakhstan (23%) were bigger suppliers of uranium to the bloc.

Opponents of nuclear power march through the German town of Lingen in Lower Saxony holding placards with inscriptions such as “Your profit – our risk”, “Exit instead of entry”, “No business with Rosatom.”

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The EU paid around 210 million euros ($203.7 million) to import raw uranium from Russia last year, according to estimates reported by Investigate Europe, and another 245 million euros was paid to import uranium from Kazakhstan, where mining of the nuclear fuel is controlled by Rosatom.

“We are talking about a serious amount of money here,” Greenpeace’s Rodrigo told CNBC, noting that these estimates only accounted for uranium imports and the EU’s dependency covers services across the supply chain.

Asked to what extent Europe’s uranium imports from Russia undermines its efforts to encourage others to stop importing Russian energy, Rodrigo replied: “The fact that we are not discussing this properly just shows the double standards of the EU.”

A spokesperson for the commission did not comment when contacted by CNBC.

How ‘green’ is nuclear energy?

Advocates of nuclear power argue it has the potential to play a major role in helping countries generate electricity while slashing carbon emissions and reducing their reliance on fossil fuels.

However, critics argue that nuclear power is an expensive and harmful distraction to faster, cheaper and cleaner alternatives. Instead, environmental campaign groups argue technologies such as wind and solar should be prioritized in the planned shift to renewable energy sources.

As part of the EU’s taxonomy — a mechanism that defines which investment options can be considered “green” — the bloc controversially recognized nuclear power and gas, a fossil fuel, as sustainable under some circumstances.

Austria on Monday launched a lawsuit against the EU and is seeking help from allies over the bloc’s labeling of nuclear power and gas as sustainable investment options, calling it “irresponsible and unreasonable.”

The EU has acknowledged the legal action but said it would not comment on the substance of the case.

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Stig drifts 2,000 hp electric Ford Supervan around Top Gear test track [video]

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Stig drifts 2,000 hp electric Ford Supervan around Top Gear test track [video]

The Top Gear TV show might be over, but its tamed racing driver – a masked, anonymous hot shoe known only as “the Stig” – lives on … and his latest adventure involves pitching the 1,400 hp electric Ford SuperVan demonstration vehicle around the famed Top Gear test track. Sideways.

Whether we’re talking about record lap times at hallowed motorsports grounds like Bathhurst or the Hillclimb at the Goodwood Festival of Speed, we’ve been covering the 1,400 hp SuperVan project for some time – but the big boxy Transit-ish racing van with hypercar-slaying performance never seems to get boring.

In this video from the official Top Gear YouTube channel (is Top Gear just a YouTube show, now?), the boxy Ford racer seems to have sprouted an additional 600 peak horsepower in its latest “4.2” iteration, for a stout 2,000 hp total. For his (?) part, the Stig puts all of those horses to work in what appears to be a serious attempt to take the overall track record.

I won’t spoil the outcome for you, but suffice it to say that even the most die-hard anti-EV hysterics will have to admit that SuperVan is a seriously quick machine.

SuperVan 4.2: How fast can a 2000 hp transit go?

[SPOILERS AHEAD] Even with 2,000 hp, instant torque, and over 4,000 lbs. of aerodynamic downforce, the SuperVan wasn’t able to beat the long-standing 1st and 2nd place spots held by the Renault R24 (a legit Formula 1 race car) and the Lotus T125 Exos (a track-only special that sure looks like a legit Formula 1 race car), but after crossing the line with a time of 1:05.3, the Ford claims third place on the overall leaderboard.

That 3rd place is likely to be a permanent spot on Top Gear‘s leaderboard, as well – as the track itself is likely to be demolished somewhat sooner than later.

You can check out the video (above) and watch the whole segment for yourself, or just skip ahead to the eight-minute mark to watch the tire-shredding sideways action promised in the headline. If you do, let us know what you think of Ford’s fast “van” in the comments.

SOURCE | IMAGES: Top Gear.

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First autonomous electric loaders in North America get to work

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First autonomous electric loaders in North America get to work

Swedish multinational Sandvik says it’s successfully deployed a pair of fully autonomous Toro LH518iB battery-electric underground loaders at the New Gold Inc. ($NGD) New Afton mine in British Columbia, Canada.

The heavy mining equipment experts at Sandvik say that the revolutionary new 18 ton loaders have been in service since mid-November, working in a designated test area of the mine’s “Lift 1” footwall. The mine’s operators are preparing to move the automated machines to the mine’s “C-Zone” any time now, putting them into regular service by the first of the new year.

“This is a significant milestone for Canadian mining, as these are North America’s first fully automated battery-electric loaders,” Sandvik said in a LinkedIn post. “(The Toro LH518iB’s) introduction highlights the potential of automation and electrification in mining.”

The company says the addition of the new heavy loaders will enable New Afton’s operations to “enhance cycle times and reduce heat, noise and greenhouse gas emissions” at the block cave mine – the only such operation (currently) in Canada.

Electrek’s Take

Epiroc announces new approach to underground mining market in North America
Battery-powered Scooptram; image by Epiroc

From drilling and rigging to heavy haul solutions, companies like Sandvik are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.

The combined factors listed above are rapidly accelerating the rate at which machines that are already in service are becoming obsolete – and, while some companies are exploring the cost/benefit of converting existing vehicles to electric or, in some cases, hydrogen, the general consensus seems to be that more companies will be be buying more new equipment more often in the years ahead.

What’s more, more of that equipment will be more and more likely to be autonomous as time goes on.

We covered the market outlook for autonomous and electric mining equipment earlier this summer, and I posted an episode exploring the growing demand for electric equipment on an episode of Quick Charge I’ve embedded, below. Check it out, then let us know what you think of the future of electric mining in the comments.

More EVs means more mines, equipment

SOURCE | IMAGES: Sandvik, via LinkedIn.

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Contargo logistics adds 20 Mercedes eActros 600 electric semis to fleet

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Contargo logistics adds 20 Mercedes eActros 600 electric semis to fleet

European logistics firm Contargo is adding twenty of Mercedes’ new, 600 km-capable eActros battery electric semi trucks to its trimodal delivery fleet, bringing zero-emission shipping to Germany’s hinterland.

With over 300 miles of all-electric range, the new Mercedes eActros 600 electric semi truck was designed for (what a European would call) long-haul trucking. Now, after officially entering production at the company’s Wörth plant in Bavaria last month, the eActros 600 is reaching its first customer: Contargo.

With the addition of the twenty new Mercedes, Contargo’s electric truck fleet has grown to 60 BEVs, with plans to increase that total to 90. And, according to Mercedes, Contargo is just the first.

The German truck company says it has plans to deliver fifty (50) of the 600 kWh battery-equipped electric semi trucks to German shipping companies by the close of 2024.

Contargo’s 20 eActros 600 trucks were funded in part by the Federal Ministry for Digital Affairs and Transport as part of a broader plan to replace a total of 86 diesel-engined commercial vehicles with more climate-friendly alternatives. The funding directive is coordinated by NOW GmbH, and the applications were approved by the Federal Office for Logistics and Mobility.

Electrek’s Take

Holcim, a global leader in building materials and solutions, has recently made a significant commitment to sustainability by placing a purchase order for 1,000 Mercedes electric semi trucks.
Mercedes eActros electric semi; via Mercedes.

Electric semi trucks are racking up millions of miles in the US, and abroad. As more and more pilot programs begin to pay off, they’re going to lead to more orders for battery electric trucks and more reductions in both diesel demand and harmful carbon emissions.

We can’t wait to see more.

SOURCE | IMAGES: Contargo, via Electrive.

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