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New calls for the investigation into the Russian uranium
In the course of Uranium One, some legislator of influence of Russia on the U.S. nuclear power are now calling for further investigation.
As questions and inquiries about the Russian influence in our electoral process, what many Americans may not know is that the enemy countries, such as Russia, that have a huge impact on our electricity network.
Uranium, the Interior Department’s target list of critical minerals, fuels nuclear power plants, which generate 20 percent of electricity in the United States. It also helps to power the U.S. Navy’s assets. A pound of uranium is equivalent to 20,000 pounds of coal. Currently, much of the U.S. uranium demand will be filled by Russia, Kazakhstan and Uzbekistan.
Now, two Colorado-based uranium mining company Ur-energy, and energy is the fuel, in anticipation of the word, a petition for relief, which they filed with the U.S. Commerce Department to investigate whether uranium imports from countries such as Russia that pose a national security risk.
According to a report this month by the U.S. Energy Information Administration (EIA), the U.S. production of uranium concentrate in the first quarter of 2018, was down 64 percent since the fourth quarter of 2017, and it is also a drop of 50 percent compared to the same period a year ago (first quarter of 2017).
Ur-Energy CEO Jeffrey Klenda, said the shrinking U.S. piece of the uranium-supply-chain-cost jobs.
“In the last three years, both of us reducing our workforce to a deductible of 50 percent,” he said. “The harsh reality is, we have now been reduced, which have not been seen in this country to a level of production, since 1950.”
The companies are not in search of fares. You want to get a quota for uranium from outside of the USA, so the domestic manufacturers to provide a 25 per cent. Also, ask yourself, for the US agencies, the uranium to “buy American” (USA-produced material).
If the government agrees, it would be “an excellent way for us to save the US market, which will enable us, a lifeline is thrown, and do it in a way that said at least harmful to our utility customers,” Klenda.
“Right now, the United States, in my opinion, is much too dependent on people, not our friends for uranium,” Sen. John Barrasso, R-Wyoming.
His condition is the country’s leading uranium producers, according to the Wyoming Mining Association. In relation to Russia, Uzbekistan, Kazakhstan, Barrasso said, “We are importing uranium from these countries, and we are not with the production in the United States. We should produce here, there is mining here, and enriching it here. For me, this is of great importance in relation to the security of energy supply and national security.”
Wyoming Senator John Barrasso’s state is the country’s leading uranium producers, according to the Wyoming Mining Association. In relation to Russia, Uzbekistan, Kazakhstan, Barrasso said, “We are importing uranium from these countries, and we are not with the production in the United States. We should produce here, there is mining here, and enriching it here. For me, this is of great importance in relation to the security of energy supply and national security.”
Barrasso, the state has abundant uranium reserves.
At the end of last year, President Trump a presidential order to break the U.S. dependence on foreign minerals.
“I think President Trump focuses on the fact that it said critical minerals,” Barrasso. “And for an America first economy and the American economy, national security, uranium up to me on this list.”
A spokesman for the U.S. Commerce Department’s Bureau of Industry and Security, said the office is reviewing the petition from the Ur-energy, and energy is the fuel to “determine whether it contains enough information to initiate investigations. There is no time limit for the completion of this initial review, however, Commerce will look like, at the conclusion of the review too fast.”
If hostility breaks out, and it is an interruption of the uranium supply of foreigners, “said our American utilities would be handy in the crisis overnight,” Klenda. “If you look at these countries as a trading partner, often these adversarial relationships are… How much we trust these relationships? You can hold us hostage whenever they want?”