US EditionUS will fast-track Utah uranium mine permit
- The U.S. Interior Department plans to expedite the environmental assessment for Anfield Energy's Velvet-Wood uranium and vanadium mining project in San Juan County, Utah, aiming to complete the review within 14 days.
- This expedited process follows President Donald Trump’s January directive addressing an energy emergency, aimed at increasing domestic mineral and energy production.
- The Velvet-Wood project plans to utilize a former mine site to extract uranium for nuclear energy and vanadium for steel and battery production, with minimal new land impact limited to a small area of approximately three acres.
- Interior Secretary Doug Burgum said the expedited review shows decisive action to secure energy future, while critics and Uranium Watch founder Sarah Fields warn the process limits public input and risks environmental harm.
- The fast-track permit aims to reduce reliance on imported uranium and vanadium, but opponents expect legal challenges and emphasize the typical environmental reviews usually take about a year or more.
22 Articles
22 Articles
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.
US Fast-Tracking Uranium Mine Permit to Meet ‘Urgent Energy Demands’
The Department of the Interior (DOI) is expediting environmental permitting review of the Velvet-Wood mine in Utah amid a national energy emergency, the agency said in a May 12 statement. “If approved, the Velvet-Wood mine project in San Juan County, Utah, would produce uranium and vanadium,” said the agency. Uranium is used as fuel in nuclear reactors and for the production of tritium, which is required for nuclear weapons, while vanadium is us…
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