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Energy
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General Market Commentary
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General Energy
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General Market Commentary
Trump grants 30-day extension for Nuclear Fuel Working Group recommendations
Washington — US President Donald Trump granted a 30-day extension to the deadline for the delivery of the recommendations of a working group considering ways to support US uranium miners and the nuclear energy industry overall, a US Department of Commerce spokesman said Tuesday.
The recommendations of the White House Nuclear Fuel Working Group had been expected to be provided to Trump by October 10.
Trump created the Nuclear Fuel Working Group to report on all aspects of the nuclear fuel supply chain and make "recommendations to further enable domestic nuclear fuel production if needed" within 90 days, he said in a July 12 memorandum. That memorandum rejected limits on uranium import sought by US producers.
In a response to a petition from the producers, Commerce determined in April that uranium imports were threatening national security, but Trump said in his decision July 12 he did not agree with the determination and would not take immediate action to restrict imports. Instead, Trump created the working group to study the issue.