US House passes Bill banning uranium imports from Russia

US House passes Bill banning uranium imports from Russia
US House passes Bill banning uranium imports from Russia

Hello and welcome to the details of US House passes Bill banning uranium imports from Russia and now with the details

Nevin Al Sukari - Sana'a - Spent fuel storage is seen at the San Onofre Nuclear Generating Station near San Clemente, California April 21, 2022. — Reuters pic

WASHINGTON, Dec 12 — The US House of Representatives yesterday passed a ban on imports of Russian uranium as lawmakers seek to add pressure on Moscow for its war on Ukraine, though the measure has waivers in case of supply concerns for domestic reactors.

The bill must pass the Senate and be signed by President Joe Biden before becoming law. It is uncertain whether there will be enough time in the Senate schedule for it to be voted on this year.

The bill, passed by voice vote in the House after the chamber suspended usual voting rules on the measure, would ban the imports 90 days after enactment, subject to the waivers.

Advertisement

The House bill contains waivers allowing the import of low-enriched uranium from Russia if the US energy secretary determines there is no alternative source available for operation of a nuclear reactor or a US nuclear energy company, or if the shipments are in the national interest.

“The risks of continuing this dependence on Russia for our nuclear fuels are simply too great,” said Republican Representative Cathy McMorris Rodgers before the vote. “It’s weakening America’s nuclear fuel infrastructure, which has declined significantly because of reliance on these cheap fuels.”

The United States banned imports of Russia oil after the invasion of Ukraine last year and imposed a price cap with other Western countries on sea-borne exports of its crude and oil products, but it has not banned imports of its uranium.

Advertisement

US nuclear power plants imported about 12 per cent of their uranium from Russia in 2022, compared to 27 per cent from Canada and 25 per cent from Kazakhstan, according to the US Energy Information Administration. The United States was the source of about 5 per cent of uranium used domestically that year, the EIA said.

Allowed imports of Russian uranium under the waiver would be gradually reduced to 459 metric tons in 2027 from about 476.5 tons in 2024. — Reuters

These were the details of the news US House passes Bill banning uranium imports from Russia for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT FBI director warns that Chinese hackers are preparing to ‘wreak havoc’ on US critical infrastructure

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]