Admin Reviews Fuel Production To Mixed Nuclear Reactions

by Debra Fiakas, CFA The U.S. Administration took a swing at the uranium ball, but it is not clear if it was a miss and strike out or just a walk.  Some in the uranium industry are applauding a decision by the Trump Administration on the January 2018 petition by U.S. uranium producers Energy Fuels (UUUU:  NYSE) and Ur-energy (URG:  NYSE), requesting protection from uranium imports. The U.S. Commerce Department had investigated the petition under Section 232 of the 1962 Trade Expansion Act.  No new trade restrictions are being implemented at this time, but the Administration is establishing a working group to analyze U.S. nuclear fuel production.   A report...
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