Trump fast-tracks Utah uranium mine, but industry revival may wait for higher prices

Trump fast-tracks Utah uranium mine, but industry revival may wait for higher prices


Grand Canyon Trust, a group critical of the Pinyon Plain mine as a danger to groundwater, points out that the U.S. nuclear industry isn’t at risk of losing access to uranium. Meanwhile, about 40% of uranium mined in the U.S. in 2024 came from four Wyoming “in-situ” mines that use wells to dissolve uranium in underground deposits and pump it to the surface without having to dig big holes or send miners underground. With prices higher, almost 700,000 pounds of yellowcake was produced in the U.S. in 2024 — up more than a dozen-fold from the year before but still far short of the 32 million pounds imported into the U.S.

Author: Associated Press


Published at: 2025-05-31 21:46:05

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