Movers and SHAKERS
Energy Fuels (UUUU)
Section 232 Petition Prompts Working Group for More Study
Energy Fuels Inc together with its subsidiary is engaged in the extraction and recovery of uranium properties in the United States. The company operates in two segments, ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
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- No immediate remedies. On July 12, President Trump announced that he did not concur with the Department of Commerce that uranium imports threaten the national security of the United States as defined under Section 232 of the Trade Expansion Act of 1962 and did not act on any proposals, including import quotas. However, the President believes that more analysis of national security considerations with respect to the entire nuclear fuel supply chain is needed.
- Working group formed. The President appointed a working group to review the entire domestic nuclear supply chain and develop recommendations, within....
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