Trump’s USD 1.5B uranium bailout triggers rush of mining plans

Business Standard | Feb 15, 2020 at 12:00 AM
  • President Donald Trump’s USD 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.
  • It also helped sell the Trump administration on cutting the size of Bears Ears National Monument in Utah to open more land for possible future mining, and oil and gas development.
  • Rep. Raul Grijalva, an Arizona Democrat and chairman of the House Natural Resources Committee, has opposed Trump’s effort to make domestic uranium mining a strategic issue.