Russian Uranium, and European Enrichment of US Uranium, to Be Further Limited
The Commerce Department is proposing changes to the suspension agreement for an antidumping case against Russian uranium, and is seeking public comments. The amendment would drop the cap on Russian imports from 20% of U.S. enriched uranium demand to 15% by 2028, for an average of 17% over the next 20 years. It also limits what proportion of the exports can be natural uranium concentrates and conversion components. Those changes begin in 2026.
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Uranium exported to Europe, enriched there, and returned to the U.S. would now be subject to the quotas. However, contracts for Russian uranium are preserved, as long as they were entered into before the negotiations with Russia commenced. The draft amendment is available to registered users at https://access.trade.gov (reference case number A-821-802). “This draft agreement represents an important step forward for the American nuclear industry,” Commerce Secretary Wilbur Ross said. “If finalized, it will contribute to the restoration of America’s nuclear energy advantage and protect the domestic industry from dumped Russian uranium.”
Comments are due by 5 p.m. EDT Sept. 28.