Biden Signs Bill Banning Russian Uranium Imports from 12 ban Watch Video

⏲ Duration: 1:31
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✓ Published: 14-May-2024

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Biden Signs Bill , Banning Russian Uranium Imports.<br/>The U.S. president signed the bipartisan bill into law on March 13, 'The Guardian' reports. .<br/>The measure is viewed as another avenue of pressure against Vladimir Putin's attack on Ukraine.<br/>The measure is viewed as another avenue of pressure against Vladimir Putin's attack on Ukraine.<br/>Enriched uranium is used to fuel nuclear power plants. Russia supplies the world <br/>with most of it, 'The Guardian' reports.<br/>Approximately 24% of the uranium used by nuclear power plants in the U.S. is provided by Russia.<br/>The import ban will begin in 90 days.<br/>However, the Department of Energy <br/>(DOE) will be permitted to issue <br/>waivers if supplies run low until 2028.<br/>U.S. National Security Adviser <br/>Jake Sullivan said the new law will... .<br/>... “strengthen our nation’s energy and economic security by reducing, and ultimately eliminating, <br/>our reliance on Russia for civilian nuclear power.”.<br/>According to a U.S. House report, one <br/>U.S. conversion facility will soon be able to provide about “40% of U.S. market demand in the near term.”.<br/>According to a U.S. House report, one <br/>U.S. conversion facility will soon be able to provide about “40% of U.S. market demand in the near term.”.<br/>Meanwhile, Canada, France, Japan and other countries will help America sustain its uranium supply via an “allied alternative,” said Kathryn Huff, the DOE’s assistant secretary for nuclear