Congress Approves Ban on Imports of Enriched Uranium From Russia [Yahoo! Finance]
Uranium Energy Corp. (UEC)
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Source: Yahoo! Finance
The bill now heads to the president's desk for signature into law. The Senate passed the Prohibiting Russian Uranium Imports Act (H.R. 1042), which the House of Representatives passed, also with unanimous consent, by a voice vote on Dec. 13, 2023. H.R. 1042 was introduced by Rep. Cathy McMorris Rodgers (R-Washington) in February 2023 , but it had the backing of a bipartisan group of Senators, including John Barrasso (R-Wyoming), Joe Manchin (D-West Virginia), Jim Risch (R-Idaho), Martin Heinrich (D-New Mexico), Cynthia Lummis (R-Wyoming), Chris Coons (D-Delaware), and Roger Marshall (R-Kansas). H.R. 1042 essentially amends the USEC Privatization Act 42 U.S.C. 2297h–10a ). It specifies that 90 days after the bill's enactment, no unirradiated low-enriched uranium that is produced in the Russian Federation or by a Russian entity can be imported into the U.S. “Unirradiated” means fresh fuel that has not yet been used in a reactor, while “low-enriched uranium" refers to uranium produ
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UEC
Earnings
- 3/8/24 - In-Line
UEC
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form SD
- 4/2/24 - Form 10-K/A
- UEC's page on the SEC website