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President Biden has signed into law HR 1042, the Prohibiting Russian Uranium Imports Act, just two weeks after the bill was passed unanimously by the US Senate. The legislation, which bans the import of Russian-produced low enriched uranium (LEU), will come into effect 90 days after the date of the enactment of the bill, and will remain in effect until the end of 2040. Waivers may be granted to allow the import of limited amounts of LEU, under certain circumstances, until 1 January 2028.

Date: Friday, 17 May 2024
Original article: neimagazine.com/news/newsus-ban-on-russian-uranium-signed-into-law-11779066

The US Senate has unanimously voted to approve legislation banning the import of enriched uranium from Russia. The Prohibiting Russian Uranium Imports Act must be signed by President Biden before becoming law. It would bar US imports 90 days after enactment while permitting temporary waivers until January 2028. The House of Representatives adopted a similar bill by voice vote in December 2023. However, the legislation was stalled for some time in the Senate due to unrelated political differences.

Date: Friday, 03 May 2024
Original article: neimagazine.com/news/newsus-senate-passes-act-banning-imports-of-russian-enriched-uranium-11733166

The nuclear market will be able to respond as it transitions away from the oversupply of recent years - but decisions to increase capacity in the front-end of the fuel cycle will need to be taken soon, according to speakers at World Nuclear Fuel Cycle 2023 (WNFC 2023).

Date: Friday, 21 April 2023
Original article: world-nuclear-news.org/Articles/Market-dynamics-under-spotlight-at-WNFC-2023