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Energy Fuels says US gov't is taking 'a step in the right direction' by limiting Russian uranium imports

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSX:EFR) CEO Mark Chalmers tells Proactive that the US Department of Commerce has obtained Russia's agreement to extend limits on uranium imports into the US from Russia through 2040 under an extended Russian Suspension Agreement. Chalmers says this is an important step toward maintaining the long-term health of the US uranium mining industry, especially since the expiration of the RSA at the end of 2020 could have resulted in unlimited Russian uranium imports into the US.

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TSX:EFR
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Energy Fuels predicts uranium price increase as it builds more uranium 'than...

Energy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU) CEO Mark Chalmers tells Proactive he believes the spot price for uranium will only continue to increase, as the growing need for nuclear power in the world paves the way to a bright future for the firm. Chalmers says meanwhile, the Colorado-based...

on 20/8/20

2 min read