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U.S. bans Russian uranium imports, key to nuclear fuel supply

  • The US and Europe seek alternative enriched uranium sources due to Russia's invasion of Ukraine.
  • Almost half of the world's enriched uranium supply is controlled by Russia, with a quarter of the US's coming from there, prompting President Biden to ban Russian imports.
  • Biden's ban unleashes $2.72 billion for US uranium industry expansion, aiming to decrease reliance on Russian imports and support domestic production.
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  • 44% of the sources lean Right
44% Right
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The Epoch Times broke the news in New York, United States on Tuesday, December 12, 2023.
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