Bloomberg Law
Free Newsletter Sign Up
Bloomberg Law
Welcome
Go
Free Newsletter Sign Up

Uranium Producer Says It Won’t Touch Grand Canyon (1)

July 19, 2018, 3:42 PMUpdated: July 19, 2018, 7:30 PM

Energy Fuels Inc., one of the companies seeking a national quota on uranium imports, probably won’t mine for the radioactive element in sensitive areas near the Grand Canyon and Bears Ears National Monument, a top company official told Bloomberg Environment.

“There’s enough existing, permitted, licensed capacity to meet that new demand,” said Paul Goranson, chief operating officer of Energy Fuels, one of the nation’s biggest uranium producers, headquartered in Lakewood, Colo.. “From our perspective, we don’t see a quota [on imports] creating a need to go into those areas.”

The U.S. has plenty of areas ...