U.S. agency submits uranium import probe to White House
15/04/2019 17:01
WASHINGTON, April 15 (Reuters) - The U.S. Commerce
Department told Reuters Monday it has submitted the results of a
national security investigation into uranium imports to the
White House.
The "Section 232" probe was prompted by a petition filed by
two U.S. uranium mining companies, Ur-Energy Inc URG.A and
Energy Fuels Inc UUUU.A , complaining that subsidized foreign
competitors have caused them to cut capacity and lay off
workers. U.S. nuclear power generators oppose the federal
government against taking action and have argued tariffs or
quotas would increase costs for the struggling industry and
possibly cause some reactors to shut.
(Reporting by David Shepardson)
((David.Shepardson@thomsonreuters.com; 2028988324;))