A ban on U.S. imports of Russian uranium is set to shake up the market for nuclear power, and lift prices for the nuclear fuel which has been tight on supplies.

The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will help boost domestic capacity to process uranium fuel,

The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the president. President Joe Biden plans to sign it into law soon, according to the White House.

With shares of CCJ tumbling earlier today after the company reported soggy Q1 earnings, despite its recent initiating coverage report by an

The U.S. Senate approved on Tuesday legislation to bar imports of Russian uranium, as the United States continues to seek to disrupt Russia's efforts in its war against Ukraine.

U.S. Sens. John Barrasso and Cynthia Lummis, both R-Wyo., applauded the unanimous passage Tuesday of H.R. 1042, a bill to ban Russian uranium imports into the United States.