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Energy Fuels says US gov't is taking 'a step in the right direction' by limiting Russian uranium imports

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSX:EFR) CEO Mark Chalmers tells Proactive that the US Department of Commerce has obtained Russia's agreement to extend limits on uranium imports into the US from Russia through 2040 under an extended Russian Suspension Agreement. Chalmers says this is an important step toward maintaining the long-term health of the US uranium mining industry, especially since the expiration of the RSA at the end of 2020 could have resulted in unlimited Russian uranium imports into the US.

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Price: 4.98 CAD

TSX:EFR
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Market Cap: $668.77 m
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Energy Fuels Inc seeks 'several paths' to increase uranium output, limit imports

Energy Fuels Inc (NYSE:UUUU, TSX:EFR) CEO Mark Chalmers tells Proactive Investors that the company filed a Section 232 trade petition to limit imports of developing countries' uranium into the U.S. Chalmers says the petition seeks to limit imports of uranium into the U.S., effectively...

on 28/3/18

2 min read