the bill is to ban the import of Russian uranium, however if...

the bill is to ban the import of Russian uranium, however if utilities are struggling to find alternate sources of fuel for their reactors then they can apply to department of commerce for a waiver but only until December 2027, after that they'll have to shutdown their plants if they're no longer able to find another source of supply. (but that's ok cos we'll just switch to renewables right? lol)
the US had become mostly completely dependent on Russia for uranium enrichment and fuel fabrication. the US has some fuel fabrication but little to no enrichment capability currently, hence the 4 years granted to allow enrichment facilities and supply chains to establish themselves within this timeframe.
but it is a tight timeframe and if for whatever reason these enrichment services are not able to come online sufficient to meet demand and they're not able to source enrichment services from other non Russian services, then things become a little complicated, at least in the short term, and imo a short term spike in uranium prices as enrichers start overfeeding requiring even larger amounts of u3o8 from producers.
all imo. dyor.