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Biden Signs Law Banning Russian Uranium Imports

President Joe Biden signed into law on May 13 a ban on the import of Russian uranium; the ban takes effect Sept. 16. Roughly one-fifth of nuclear power plants run on Russian uranium; the bill does allow the Energy Department to grant waivers to the ban if there is no other viable source of the fuel. However, the allowed waiver amount would decline each year, and no waiver would be allowed after 2027.

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National Security Adviser Jake Sullivan said expanding domestic uranium enrichment, and allies doing the same, will strengthen the civil nuclear power industry.