News & Analysis as of

Nuclear Power Uranium

Hogan Lovells

U.S. reduces reliance on Russian nuclear; ADVANCE Acts move closer toward becoming law

Hogan Lovells on

In a move further reflecting the ongoing geopolitical tensions between the United States and Russia, the U.S. government has recently proposed or implemented a series of policy changes aimed at curbing its reliance on the...more

Jones Day

U.S. Ban on Imports of Russian Uranium Opens Door to Domestic Production

Jones Day on

On May 13, 2024, President Biden signed into law the Prohibiting Russian Uranium Imports Act ("the Act"), which bans imports of low-enriched uranium ("LEU") produced in Russia or by a Russian entity. The Act will go into...more

Orrick, Herrington & Sutcliffe LLP

Prohibiting Russian Uranium Imports Act Unlocks $2.72 Billion for U.S. Uranium Market

President Biden has signed into law an act intended to reduce U.S. reliance on Russian uranium imports and develop the domestic market to support the growing U.S. nuclear power generation industry. ...more

Hogan Lovells

UK invests in advanced nuclear fuel, moves forward on fusion

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Last week, the United Kingdom announced two significant initiatives that help promote commercialization of next-generation clean energy technology. First, the UK will help fund a uranium enrichment plant to produce...more

Morgan Lewis - Up & Atom

Congress Passes Legislation to Ban Imports of Russian Uranium

Congress recently passed legislation to ban imports of Russian uranium products into the United States. The Prohibiting Russian Uranium Imports Act (HR 1042) (the Act) was approved by the House of Representatives on December...more

Morgan Lewis - Up & Atom

Senators Introduce Legislation to Ban Imports of Russian Uranium; Russia Reportedly Considers Mirror Ban

A group of four US senators introduced a bill on March 16 to ban imports of uranium products from the Russian Federation. If enacted, such a ban could complicate the refueling of existing commercial reactors in the United...more

Pillsbury Winthrop Shaw Pittman LLP

Understanding What’s Behind the Uranium Spot Price Surge

Volatility in the uranium market must be carefully evaluated to fully understand the risks of potential investment. Short-term financial disruption may be a leading indicator for future growth, but the history of uranium...more

Hogan Lovells

Reports Envision a Leading Role for Nuclear in this Administration

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On February 16, the Nuclear Innovation Alliance (NIA) and the Partnership for Global Security (PGS) issued a report to help guide the Biden Administration in its support of nuclear amidst the President’s ambitious climate...more

Hogan Lovells

Highlighting Recent Progress Towards HALEU Fuel Production

Hogan Lovells on

The start of 2019 has seen significant progress towards production and licensing of high-assay low-enriched uranium (“HALEU”) fuel.  If this momentum keeps up, it has the ability to check off what we have long-discussed to be...more

Hogan Lovells

“Nuclear Energy Leadership Act” (S 3422): Important Legislation Introduced Aimed at Restoring U.S. Leadership in Nuclear Energy

Hogan Lovells on

A bipartisan group of nine U.S. senators has introduced the Nuclear Energy Leadership Act (NELA) (S 3422), a bill designed to help the United States return to its lead in nuclear energy technology. ...more

Hogan Lovells

Trio of New Reports Address Licensing, Fuel Cycle, and Resilience for Next-Gen Reactors

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The Department of Energy (DOE) and Nuclear Energy Institute (NEI) have issued a trio of reports touching on important issues for small modular and advanced reactors...more

Cozen O'Connor

“Adoption Day” Marks Official Launch of P5 + 1 Nuclear Deal with Iran

Cozen O'Connor on

The Joint Comprehensive Plan of Action (JCPOA), intended to prevent Iran from acquiring a nuclear weapon and to ensure that Iran’s nuclear program will be directed toward exclusively peaceful purposes, went into effect...more

Cozen O'Connor

President Obama’s Proposed Iran Nuclear Deal Will Prevent Iran from Obtaining a Nuclear Weapon

Cozen O'Connor on

Earlier in the summer, President Barack Obama announced his proposed Iran nuclear deal whose goal is to prevent Iran from obtaining a nuclear weapon. This deal is known as the Joint Comprehensive Plan of Action (JCPOA)....more

Cozen O'Connor

Iran Nuclear Talks: Extension of Joint Plan of Action

Cozen O'Connor on

On Friday, July 18, 2014, U.S. Secretary of State John Kerry issued a statement that the Joint Plan of Action (JPOA) negotiated between the P5+1 nations1 and Iran would be extended until November 24, 2014. As we reported...more

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