Economy

The United States Imports a Large Quantity of Russian Uranium

The United States Imports a Large Quantity of Russian Uranium

In May, the United States imported a record amount of enriched Russian uranium worth $209.5 million, the highest level since March 2023, when Russian uranium was exported to the country for $245.9 million. For the first time since July 2015, U.S. purchases included all major uranium exporters in the world. China was the largest source of uranium to the United States in May, amounting to $323.6 million, followed by France at $245.4 million, while Russia maintained the third position among uranium suppliers to the U.S. It is noteworthy that U.S. President Joe Biden signed a law in May that prohibits "the import of low-enriched uranium produced in Russia."

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