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What the Russian uranium ban means for the U.S. nuclear industry

Department of Energy's Office of Nuclear Energy sent this bulletin at 05/14/2024 02:02 PM EDT

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May 14, 2023

Russian Uranium Ban Will Speed up Development of U.S. Nuclear Fuel Supply Chain

President Biden recently signed bipartisan legislation to ban the import of uranium products from Russia, marking a monumental shift for our civil nuclear energy sector.

This is truly a transformative time for nuclear energy.

We’re restarting old reactors, building new ones, and working to deploy advanced reactors to help us meet our clean energy goals.

All of those will need fuel, and we can no longer rely on bad actors like Russia to supply it.

This ban is essential to strengthening our nation’s energy security and supports the development of uranium conversion and enrichment services right here in the United States that will result in thousands of new jobs for Americans across the country.

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