Entrepreneur says he holds the secret to Utah’s uranium renaissance

Longtime uranium entrepreneur George Glasier is back in business with a fresh proposal to develop a mine and mill in Utah’s Emery County. The projects would use new and efficient technologies for extracting ore from the ground and separating out the uranium and vanadium — systems that rely on water rather than the hazardous chemicals used in conventional processes.

But environmental activists are doubtful Glasier will secure necessary permits anytime soon, if ever.

A founder of Energy Fuels Inc., Glacier acquired some of that company’s properties to start a Canada-based company called Western Uranium & Vanadium Corp. in 2014.

In a news release issued Monday , Western unveiled its latest plans, saying it acquired land for the proposed mill with the support of state and local officials and initiated permitting processes. This mill would also be capable of processing cobalt, a critical element that is used in electric vehicles.“We’ve got probably the […]

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