Wyoming's struggling uranium industry presses president for quotas on imports

[TexasTowelie]

Two uranium companies with mines in Wyoming may get a boost from the Trump administration, forcing U.S. nuclear power plants to obtain more of their fuel from American producers.

Amidst sustained low prices for uranium, UR-Energy and Energy Fuels approached the Commerce Department with a proposal: investigate whether low-priced imports of uranium risk national security.

The department accepted that petition, noting the importance of uranium to domestic infrastructure and “weapons systems.” Officials have about nine months to offer a recommendation to the president on the companies’ contention of a national security risk and their proposed remedies: quotas on imports from countries like Russia and setting aside 25 percent of the domestic market for U.S. producers.

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Wyoming’s uranium industry is the largest in the country, though just a handful of companies mine in the state. And it’s been under pressure.

Read more: https://trib.com/business/energy/wyoming-s-struggling-uranium-industry-presses-president-for-quotas-on/article_81cf72b5-8089-5504-b4ba-16df311f038d.html

[marble falls]

1. The GOP sure hates open and free markets for a bunch of capitalists.

[ROB-ROX]

2. REPUBLICANS PROMOTED URANIUM DEAL YEARS AGO

The GOP promoted the selling to other countries north american uranium mines. So any tariff relief would go to HELP foreign companies. This bizarre republican logic does not amaze me at this time. Even when the news comes out about foreign uranium mine owners; the deal will still be promoted because the GOP does the BIDING of their masters and not the people or the USA........