The Prohibiting Russian Uranium Imports Act would bar Russian uranium imports 90 days after enactment while allowing a temporary waiver until January 2028.
Concern is growing over the federal government’s seeming inability to leverage Canada’s vast natural resource endowment as it navigates the uncertain global geopolitical and economic landscape.
The Canadian company has been approved for a grant from Empire State Development of up to $9 million as an incentive to establish its first US-based production facility in New York State.