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US will fast-track Utah uranium mine permit
- The U.S. Interior Department announced it will expedite the environmental assessment process for Anfield Energy's Velvet-Wood uranium mine project in Utah, aiming to complete the review within 14 days.
- This expedited process follows President Trump's January directive that identified an energy emergency, aiming to accelerate the production of energy and minerals due to concerns over the country’s heavy dependence on imports.
- Velvet-Wood is located on a historic mine site in San Juan County and aims to produce uranium and vanadium using existing infrastructure with only three acres of new land disturbance.
- Interior Secretary Doug Burgum said the expedited review shows 'decisive action we need to secure our energy future,' while environmental groups warn the process eliminates public input and risks environmental harm.
- The fast-track permitting could boost U.S. Uranium production and reduce dependence on imports, but projects approved this way may face legal challenges and ongoing environmental concerns.
23 Articles
23 Articles
Utah leaders praise Trump’s fast-tracking of a ‘vital’ uranium mine. 14-day environmental review ‘beggars belief’
State leaders have nothing but praise for the Trump administration’s decision to significantly shorten the environmental review process of a southeastern Utah uranium project. Miners in the La Sal uranium mine on Monday, April 29, 2024. The Trump administration this week shortened the environmental review for another uranium mining project to just 14 days, citing a “national energy emergency.” Photo by Trent Nelson/The Salt Lake Tribune Earlier…
Interior secretary blasted for 'really troubling' scheme to mine Utah
Interior Secretary Doug Burgum appears to be cutting corners to establish a uranium mining site in San Juan County, Utah.� Burgum plans to finish an environmental assessment of the Velvet-Wood mine ...
URA, URNM, NLR: 3 ETFs to Watch as Uranium Prices Go Nuclear
Uranium occupies a fairly niche corner of the market that many investors are not overly familiar with. However, the sector warrants more investor attention as uranium prices have gone nuclear, reaching their highest levels in over a decade, causing uranium stocks and ETFs to surge. The Sprott Uranium Miners ETF (NYSEARCA:URNM) is up 29.1% in just the past month, while the Global X Uranium ETF (NYSEARCA:URA) and the VanEck Uranium + Nuclear Ener…
Trump administration to fast-track permits for Utah uranium mine
The Interior Department said it would fast-track the permitting process for a uranium mine in Utah as part of President Donald Trump’s plan to shorten environmental reviews and speed the construction of certain types of energy projects.
US Fast-Tracking Uranium Mine Permit to Meet ‘Urgent Energy Demands’ - The Thinking Conservative
The Department of the Interior (DOI) is expediting environmental permitting review of the Velvet-Wood mine in Utah amid a national energy emergency. The post US Fast-Tracking Uranium Mine Permit to Meet ‘Urgent Energy Demands’ appeared first on The Thinking Conservative.
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