-- The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the Kremlin’s shipments of the reactor fuelBinance and CZ’s Fortunes Are Set to Grow, Even in JailThe Prohibiting Russian Uranium Imports Act, approved by unanimous consent, would bar US imports 90 days after enactment while allowing temporary waivers until January 2028.
Without those waivers, an approximate 20% jump from the current enrichment spot price of $165 per separative work unit to a record high of as much as $200 per SWU, according to Jonathan Hinze, president of nuclear fuel market research firm UxC. An import ban will take some time to affect operators of US nuclear power plants. Reactors are typically refueled every 18 months to 24 months, and fuel purchases are negotiated long in advance. That means most but not all utilities have already lined up enough uranium to keep their reactors running for at least the next few years.
Speaker kicks Poilievre out of the Commons for calling PM a 'wacko' in tense question period exchange
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