Trump Panel: Boost US Uranium Mines As Strategic Interest
A Trump administration panel is urging government intervention to rescue America's nuclear-fuel industries in a tough global marketplace.
A task force appointed by President Donald Trump supported his proposed $1.5 billion taxpayer bailout for U.S.-mined uranium, and called Thursday for making it easier to mine on public lands, among other changes. The Trump task force says the moves are necessary to save U.S. nuclear industrial base “from the brink of collapse." Opponents call the proposal an industry bailout.
Environmental groups say the proposed mining expansion is an attempt to prop up struggling foreign-owned companies that want to mine on more than a million acres near the Grand Canyon where it’s currently banned. They worry increased mining would threaten the area’s watershed and public health.