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Biden signs into law ban on Russian nuclear reactor fuel imports
REUTERS ^ | May 13, 2024 | Timothy Gardner

Posted on 05/14/2024 8:49:15 AM PDT by McGruff

President Joe Biden signed into law a ban on Russian enriched uranium on Monday, the White House said, in the latest effort by Washington to disrupt President Vladimir Putin's invasion of Ukraine.

The ban on imports of the fuel for nuclear power plants begins in about 90 days, although it allows the Department of Energy to issue waivers in case of supply concerns.

Russia is the world's top supplier of enriched uranium, and about 24% of the enriched uranium used by U.S. nuclear power plants come from the country.

The law also unlocks about $2.7 billion in funding in previous legislation to build out the U.S. uranium fuel industry.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; News/Current Events; Russia
KEYWORDS: ban; russia; uranium
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To: McGruff

Maybe Russia will sell it to Iran instead.


21 posted on 05/14/2024 11:58:01 AM PDT by Brian Griffin
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To: Torahman

Your facts are off: no US uranium was exported.


22 posted on 05/19/2024 8:02:34 AM PDT by Miami Rebel
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