The decision follows a 31 May ruling by the US Department of Commerce (DOC) that “unfair dumping” of Russian uranium products would likely recur if the Russian suspension agreement were terminated. As a result of the two rulings, the existing suspension agreement will remain in place.
“We’re pleased that the US government agrees that lifting the agreement that limits Russia uranium imports would undermine the domestic production of enriched uranium and the deployment of new uranium enrichment capacity,” said USEC president and CEO John K. Welch, adding that the ruling is an important step in maintaining a stable nuclear fuel market, which the United States needs in order to invest in advanced uranium enrichment technologies.
