U.S., Russia Agree to Extend Limits on Russian Uranium Imports
- Imports from Russia’s State Atomic Energy Corporation reduced
- Announcement comes as White House seeks to help uranium miners
Commerce Secretary Wilbur Ross
Photographer: Sarah Silbiger/BloombergThis article is for subscribers only.
The U.S. Commerce Department and the Russian government have agreed to extend for 20 years limits on imports of Russian uranium, the Trump administration announced Tuesday in a move it said would benefit American miners and others in the domestic nuclear industry.
The agreement with Russia’s State Atomic Energy Corporation Rosatom extends through 2040 a previous agreement that was set to expire at the end of the year. If that had occurred, it “would have resulted in unchecked imports of Russian uranium,” the Commerce Department said in a statement.