UPDATE 1-Russia restricts enriched uranium exports to the United States

Reuters11-15 23:35

(Adds details on Russia's dominant position in the market for enriched uranium)

MOSCOW, Nov 15 (Reuters) - Russia, the world's largest supplier of enriched uranium, said on Friday that it had imposed temporary restrictions on the export of enriched uranium to the United States, a symbolic tit-for-tat move after the U.S. banned Russian uranium imports.

Russia holds about 44% of the world's uranium enrichment capacity and about 35% of U.S. nuclear fuel imports used to come from Russia, according to the U.S. office of nuclear energy.

But in May, President Joe Biden signed into law a ban on Russian enriched uranium, though the U.S. also has the ability to issue waivers if there are supply concerns.

Russia's government said a decision on imposing temporary restrictions on exports to the United States had been signed, though it said there were exceptions.

"The decision was made on the instructions of the president in response to the restriction and ban imposed by the United States," the Russian government said.

(Reporting by Reuters Editing by Guy Faulconbridge and Peter Graff)

((guy.faulconbridge@thomsonreuters.com; Telephone +79856400243;))

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