Amber Reimondo: Taxpayer dollars shouldn’t keep uranium mill afloat

Amber Reimondo: Taxpayer dollars shouldn’t keep uranium mill afloat

A strategic uranium reserve has no place in Joe Biden’s Build Back Better agenda.

(Corey Robinson | Tribune file photo) Protesters from White Mesa, Utah, march against the White Mesa Mill, the last conventional uranium mill still operating in the U.S. on May 14, 2017.

In late December, as Congress debated how much to spend on COVID-19 relief for Americans struggling to make ends meet, something else was flying under the radar that has serious implications for Utah’s clean water and public health.

In the same package that funded $600 stimulus checks hid a sizable handout for the uranium industry that could pad the pockets of Energy Fuels Resources, the uranium company that has already made millions by welcoming low-level radioactive waste to its White Mesa uranium mill in southeastern Utah.Congress appropriated $75 million to start a “strategic uranium reserve.” This means using your taxpayer dollars to pay uranium companies above-market […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet