US national security adviser Jake Sullivan said in a statement that Biden had signed the Russian Uranium Import Prohibition Act, which aims to "reduce, ultimately eliminate, our dependence on Russia for civilian nuclear energy".
Already passed in the House and Senate, the bill states that, 90 days after its enactment, non-irradiated low-enriched uranium produced in Russia or by a Russian entity will be exported to the United States, Xinhua news agency reported. Cannot be imported into the US.
Enriched uranium is the main fuel used by nuclear power plants.
The bill would provide a waiver until Jan. 1, 2028, for utilities that shut down nuclear reactors due to Russian uranium supply cuts.
It also frees up US$2.72 billion in federal funds that Congress had recently appropriated, according to Sullivan, who said the money would be used to "rapidly ramp up new enrichment capacity in the United States." Will be done.
According to the Washington Post, US companies pay about $1 billion a year for enriched uranium from Russia's state nuclear energy group Rosatom.
The newspaper said in a report that the newly enacted law aims to "stop one of the last significant flows of money from the United States to Russia" amid Russia's conflict with Ukraine.
Already passed in the House and Senate, the bill states that, 90 days after its enactment, non-irradiated low-enriched uranium produced in Russia or by a Russian entity will be exported to the United States, Xinhua news agency reported. Cannot be imported into the US.
Enriched uranium is the main fuel used by nuclear power plants.
The bill would provide a waiver until Jan. 1, 2028, for utilities that shut down nuclear reactors due to Russian uranium supply cuts.
It also frees up US$2.72 billion in federal funds that Congress had recently appropriated, according to Sullivan, who said the money would be used to "rapidly ramp up new enrichment capacity in the United States." Will be done.
According to the Washington Post, US companies pay about $1 billion a year for enriched uranium from Russia's state nuclear energy group Rosatom.
The newspaper said in a report that the newly enacted law aims to "stop one of the last significant flows of money from the United States to Russia" amid Russia's conflict with Ukraine.
