U.S. Lags in Mine Development; Senate Takes on Permitting Reform
November 08, 2024
S&P Global found that, on average, it takes 29 years for a U....
The Trump administration is signaling a renewed push to consider uranium mining near the Grand Canyon, a move that would undoubtedly ignite a political fight involving environmentalists and the mining industry.
President Trump’s decision to declare uranium a critical mineral for national security purposes, coupled with a Commerce Department recommendation to mine reserves of a key component to nuclear weapons, has environmentalists worried that the reversal of an Obama-era ban on mining near the cherished national park is imminent.
“It’s not a secret that uranium mining companies have pined after the Grand Canyon for a long time,” said Amber Reimondo, energy program director at Grand Canyon Trust. “The last time there was a uranium price spike in 2007, over 10,000 mining claims were filed.”