U.S. Commerce launches national security probe into uranium imports

U.S. Commerce launches national security probe into uranium imports

The "Section 232" probe was prompted by a petition filed by two USA 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.

The Commerce Department has started an investigation into the impact of uranium imports on US national security, a move that could result in tariffs and add another front to the Trump administration's trade fight.

The Commerce Department said Wednesday it will probe "whether the present quantity and circumstances of uranium ore and product imports into the US threaten to impair the national security".

U.S. Commerce launches national security probe into uranium imports

Ross said the probe would canvass the entire USA uranium sector from mining through enrichment and defense and industrial consumption. Uranium is used in commercial reactors that power electrical grids, as well as in Navy submarines and aircraft carriers.

The Department of Defense will be consulted about national defense requirements for uranium, Commerce Secretary Wilbur Ross said in a separate letter to Defense Secretary James Mattis notifying him of the investigation.

Ross added that the USA production of uranium has fallen to 5 percent of US consumption needs from 49 percent in 1987. Canada's Cameco Corp., the top North American supplier, followed suit in November. FCC deals blow to Sinclair-Tribune merger Ex-cyber officials demand to know security measures for 2020 Census It's time to confirm the US Export-Import Bank Board for our economic security MORE announced Wednesday that his agency would investigate whether uranium imports to the United States pose any threat to national security. Within weeks, the USA government had put a tariff on imported metals, including from Canada. Nearly 90 percent of uranium delivered to USA reactors was from foreign nations in 2016, according to the government agency.

Related News:



Most liked

19 drown after refugee boat sinks off north Cyprus
Coast guard teams from Turkey also took part in the search and rescue operation, as the area is in Turkey's rescue zone as well. At least 19 migrants died after the boat carrying them capsized off Turkish Cypriot coast on July 18.

The Culling 2 Being Pulled from Steam, PS4, and Xbox One
According to Van Veld and his team at Xaviant, "the best course of action is to take that game down off of store shelves". Xaviant is now contacting Sony, Microsoft, and Valve to pull the game and ensure people who bought it get refunds.

Raptors 'Generate Buzz' As Possible Trade Spot For Kawhi Leonard
Despite being arguably the best two-way player in basketball, there's great risk that comes with making a deal for Leonard. It wouldn't surprise me in the slightest if Gasol ended up being a buyout candidate with roster spots still looking tight.

Joe Hart named in Manchester City squad for pre-season American tour
Zinchenko, 21, is also part of the touring squad despite strong interest from newly promoted clubs Wolverhampton Wanderers and Fulham .

Rory McIlroy expects everyone's game plan to change at The Open
While he's played just one less event than this time a year ago, his tournament stops have been much better spaced out. Eleven years ago, McIlroy never would have troubled himself with such trivial questions about his legacy.

Flush-out session after SA Sevens teams arrive in San Francisco
Uganda Rugby Cranes will start their campaign against Samoa in the preliminary round of the World Cup on 21 July at the AT&T Park. We want the guys to get their hands on the ball and get a few metres in the legs just to settle the nerves".

'Utterly ridiculous': Putin denies U.S. election meddling in tense interview
Kennedy's assassination and clashes between police and civilians. "He continued to maintain that it was illegal to annex it". Intelligence officials publicly broke from the president's comments about Russian meddling in the 2016 campaign.

DeMar DeRozan Expresses Anger At Being Traded To Spurs on Instagram
Welp, ESPN's Chris Haynes followed that up with a tweet saying that Leonard " has no desire to play in Toronto ". With just one year left on his deal, Leonard could very well be leaving the Raptors after just one season.

Rebels' Amanaki Mafi arrested for allegedly assaulting Super Rugby team-mate
The 28-year-old has been charged with injuring with intent to injure, which carries a maximum sentence of five years' jail. As a condition of his bail he is ordered not to associate with Timani and police did not oppose bail conditions.

Monster Hunter World Content in Final Fantasy XIV Detailed
The Normal version requires a Full Party of eight to take on Rathalos, while the Extreme version allows only four players. A new clip shows off the battle itself, which will arrive as part of the Patch 4.36 update and The Pagos Expedition .

Cliff Richard wins privacy case against BBC
Metropolitan Police officers passed the allegation to South Yorkshire Police in July 2014 and an investigation was launched. Gloria said Sir Cliff had "lost weight" during the court battle and "hadn't been able to stop talking about it".

Princess Eugenie invites 1200 members of the public to her Windsor wedding
Jack Brooksbank will invite members of the public to join in the celebrations of their wedding on Friday 12th October", a statement from Buckingham Palace read.

US Launches National Security Probe Into Uranium Imports
Ross added that the US production of uranium has fallen to 5 percent of USA consumption needs from 49 percent in 1987. A second investigation focused on the threat to security posed by auto imports is ongoing.

Royalty, the pope, and now Trump - Putin makes everyone wait
After the summit, Huntsman's daughter Abby - a Fox News host - was less charitable about the president's diplomatic efforts. Trump seemed to return the favor by waiting until Putin had arrived at the palace before leaving his hotel.

"Why should my son defend Montenegro?" Trump: I ask the same - English
He's also reminding people of that Article 5 has been invoked only once throughout its entire existence: in the aftermath of 9/11. They are very aggressive people, they may get aggressive, and congratulations, you're in World War III. "They weren't paying.