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


The Trump administration asked Congress this week for $1.5 billion over 10 years to create a new national stockpile of US-mined uranium, saying that propping up US uranium production in the face of cheaper imports is a matter of vital energy security. Approval is far from certain in a highly partisan Congress.

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 Fuels ...


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