My understanding is the Bill to ban uranium imports from Russia, from 2028, passed the U.S. Lower House 'on a show of hands' = bipartisan support. It has now been sent to the Senate and is expected to pass.
The problem is the ...from 2028 bit.
I assume this was to provide clear incentives for both US miners to re-start mothballed mines and for uranium enrichment facilities to get their assets backup and fully functional.
The sting is a clear 5 years warning for Russia/China to screw things about and if Russia can, given the real state of their economy, forgo very needed foreign sales.
My understanding is the Bill to ban uranium imports from Russia,...
Add to My Watchlist
What is My Watchlist?