Trump's $1.5B uranium bailout triggers rush of mining plans

Norge Nyheter Nyheter

Trump's $1.5B uranium bailout triggers rush of mining plans
Norge Siste Nytt,Norge Overskrifter
  • 📰 YahooNews
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 59%

President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside Grand Canyon National Park. The company, Canada-based Energy

1 / 2Trump UraniumThis April 11, 2015, photo provided by EcoFlight shows the White Mesa Uranium Mill near Blanding in southeastern Utah. The Trump administration is asking Congress for $1.5 billion over 10 years to build up a U.S. uranium stockpile, saying it wants to break an over-reliance on foreign uranium that undermines U.S. energy security. The White Mesa facility is one of the sites where production could be ramped up under the proposal. SALT LAKE CITY — President Donald Trump's $1.

Demand for the nuclear fuel has languished worldwide since Japan's 2011 Fukushima disaster. U.S. uranium production has plummeted 96% in the last five years, the U.S. Energy Information Administration reported Thursday. Story continuesEnergy Fuels has no mining claims or land inside the former territory of Bears Ears, Moore said Friday. “So, that's a hard no," he said, to any suggestion it planned any immediate uranium development there.

The Energy Department said the plan would boost work for at least a couple of the U.S. West's nearly dormant uranium operations. Residents near another of the mines, in Utah, say they fear an increase in radioactive threats. Demand for nuclear and coal power sources has fallen against marketplace competition from ever-cheaper natural gas and renewable wind and solar. Trump has been unable to stop a string of coal and nuclear power plant closings.

While Trump has called propping up U.S. uranium mining essential to national security, the Energy Department acknowledged in its budget presentation that “no immediate national security need has been identified" for the uranium reserve. The same document contends that the funds aren't meant to “disrupt market mechanisms.”

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

YahooNews /  🏆 380. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': MnuchinDespite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': MnuchinU.S. Treasury Secretary Steven Mnuchin insisted on Wednesday that President Donald Trump&39;s tax cuts will still pay for themselves over 10 years, even as the administration forecasts near-term deficits close to $1 trillion. Mnuchin told the Senate Finance Committee that the administration was two
Les mer »

Coronavirus theater closures cost China movie business over $1 billion - Business InsiderCoronavirus theater closures cost China movie business over $1 billion - Business InsiderTicket revenue in China over the last 20 days is under $4 million. It was more than $1.5 billion in the same timespan last year.
Les mer »

US on track for first $1 trillion budget deficit since 2012US on track for first $1 trillion budget deficit since 2012The U.S. budget deficit through the first four months of this budget year is up 19% from the same period a year ago, putting the country on track to record its first $1 trillion deficit since 2012.
Les mer »

UK’s Curzon, Australia’s Madman, Benelux’s Cineart Partner To Launch $1.6M Film Development FundUK’s Curzon, Australia’s Madman, Benelux’s Cineart Partner To Launch $1.6M Film Development FundEXCLUSIVE: A trio of leading indie film distributors are pooling resources to launch a $1.6M (£1.2M) film development fund. UK outfit Curzon, which is currently handling Parasite in the territory, …
Les mer »

Delta to invest $1 billion to curb global air travel's climate impactDelta to invest $1 billion to curb global air travel's climate impactDelta Air Lines Inc said on Friday it will invest $1 billion over the next decad...
Les mer »

Delta to invest $1 billion to curb global air travel's climate impactDelta to invest $1 billion to curb global air travel's climate impactSmall steps such as single-engine taxiing and the use of lighter materials already cut around 1-2 percent of emissions each year.
Les mer »



Render Time: 2025-04-03 18:53:05