Controversial Grand Canyon Uranium Mining to Continue Despite Concerns from fidelity fundsnetwork address Watch Video

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✓ Published: 02-Apr-2024

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Controversial Grand Canyon , Uranium Mining , to Continue Despite Concerns.<br/>Fox News reports that the United States' largest <br/>uranium producer is ramping up mining operations <br/>just south of the Grand Canyon National Park. .<br/>Fox News reports that the United States' largest <br/>uranium producer is ramping up mining operations <br/>just south of the Grand Canyon National Park. .<br/>The news for the long-contested project <br/>comes amid global instability and increased <br/>demand driving up the prices of uranium.<br/>The news for the long-contested project <br/>comes amid global instability and increased <br/>demand driving up the prices of uranium.<br/>The Biden administration, along with dozens of <br/>other countries, have vowed to triple the capacity of <br/>nuclear power worldwide to combat climate change.<br/>The Biden administration, along with dozens of <br/>other countries, have vowed to triple the capacity of <br/>nuclear power worldwide to combat climate change.<br/>Meanwhile, other policy changes have <br/>been adopted to reduce Russia's influence <br/>over the global supply chain of uranium. .<br/>Meanwhile, other policy changes have <br/>been adopted to reduce Russia's influence <br/>over the global supply chain of uranium. .<br/>Environmental activists and Native American leaders <br/>have expressed concerns over the potential consequences <br/>and have called for increased regulatory oversight.<br/>New mining projects at the Pinyon Plain Mine <br/>is occurring within the boundaries of <br/>Nwaavjo I’tah Kukv National Monument.<br/>In August, the site was designated by the Biden <br/>administration, however the project was allowed to <br/>move forward due to Energy Fuels' valid existing rights.<br/>In August, the site was designated by the Biden <br/>administration, however the project was allowed to <br/>move forward due to Energy Fuels' valid existing rights.<br/>In 2022, Energy Fuels was awarded a contract to <br/>sell the U.S. government $18.5 million in uranium <br/>concentrates to bolster the nation's reserve supplies.<br/>Energy Fuels spokesman Curtis Moore reportedly <br/>addressed those concerns, stating that the mining <br/>operation has low impact with zero risk to groundwater.<br/>According to Moore, the mine will produce <br/>at least 2 million pounds of uranium <br/>over the next few years.