Stauber, Colleagues Introduce Bipartisan Bill to Ban Uranium Imports from Russia

Congressman Pete Stauber (R-MN), joined by his colleagues Congressmen Adrian Smith (R-NE), Vicente Gonzalez (D-TX) and Henry Cuellar (D-TX), introduced legislation to ban imports of uranium from Russia. According to the Energy Information Administration, the United States purchased more than 34 million pounds of Uranium from 2016-2020. “It’s more important now than ever for the …

World Taps Canada for Potash, Uranium as War Roils Markets

The northern nation has been approached by those seeking potash and uranium, said Canada’s Natural Resources Minister Jonathan Wilkinson. The country is one of the world’s main sources of the two commodities and buyers are anxious to secure supplies after Russia’s invasion of Ukraine disrupted trade flows. Potash, a commonly used fertilizer, and uranium have …

Geopolitical Risk and Uranium Mining: A Quick Overview

The conflict in Ukraine shines a light on both the pivotal role of geopolitics in uranium supply and the importance of geopolitical stability. Conflict in Eastern Europe has had a significant impact on uranium prices, putting up to 16.5 percent of global supply at risk. This is not the first time geopolitical tensions have impacted the uranium market, …

Barrasso Leads Bill to Ban Russian Uranium Imports

U.S. Senator John Barrasso (R-WY), ranking member of the Senate Energy and Natural Resources Committee, was joined by Senators Cynthia Lummis (R-WY), Roger Marshall (R-KS) and Kevin Cramer (R-ND) in introducing legislation to ban imports of Russian uranium. “The time is now to permanently remove all Russian energy from the American marketplace,” said Senator Barrasso. …

Top U.S. Nuclear Power Provider ‘Fully’ Backs Russia Sanctions

Constellation Energy Corp., owner of the largest U.S. fleet of nuclear power plants, would support “any limits” Washington may impose on Russian uranium. The company has enough nuclear fuel to run its reactors for multiple years and is working with vendors to head off any potential supply disruptions, Bill Gibbons, a spokesman for Baltimore-based Constellation, …

U.S. Weighs Sanctions on Russian Uranium Supplier Rosatom

The Biden administration is considering imposing sanctions on Russia’s state-owned atomic energy company, Rosatom Corp., a major supplier of fuel and technology to power plants around the world, according to people familiar with the matter. No final decision has been made and the White House is consulting with the nuclear power industry about the potential …

Ban on Russian Energy Imports Gains Bipartisan, Bicameral Steam in Congress

Eighteen bipartisan U.S. Senators are backing a bill that would direct the president to declare a national emergency and prohibit imports of Russian energy commodities, including crude oil, petroleum products, liquefied natural gas (LNG), and coal. While the measure does not include Russian uranium, a senior Department of Energy official said addressing U.S. reliance on …

War highlights uranium worry for the advanced nuclear industry

Ural Electrochemical Integrated Plant Director General Alexander Belousov stands next to gas centrifuges for uranium isotope separation in a separation workshop of the plant, in Novouralsk, about 40 miles northwest of Yekaterinburg, Russia. Advanced nuclear reactors like the one that TerraPower wants to build in Kemmerer require a type of enriched uranium that’s currently only …

Fuqing 6 reaches full power as Hongyanhe 6 nears startup

Unit 6 of the Fuqing nuclear power plant in China’s Fujian province has reached 100% full power operation for the first time. Meanwhile, the National Nuclear Safety Administration (NNSA) has completed a comprehensive pre-operational inspection at unit 6 of the Hongyanhe plant in Liaoning province. Fuqing 6 – the second of two demonstration Hualong One …