Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised to Keep Leading Position Following Trump Strategy

May 15, 2020 12:05:59
  • President Trump’s U.S. Nuclear Fuel Working Group recently released strategy aimed at revitalizing U.S. nuclear fuel and uranium industries
  • Three-part strategy prioritizes strengthening uranium mining industry with $150 million earmarked for direct government purchases
  • Energy Fuels is largest U.S. uranium producer with more production assets, capacity than any other U.S. company

The Trump administration recently declared its plan to revitalize the U.S. nuclear energy industry, including supporting uranium production, as outlined in a recent strategy report released by the U.S. Nuclear Fuel Working Group ( Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the leading U.S. producer of uranium, is well-positioned to take a prominent role in the president’s plans due to having more assets, in-ground resources and production capacity than any other uranium producer in the United States.

With the goal of having the United States regain its international standing as a world leader in nuclear energy and nuclear fuel, the report outlines a strategy aimed to preserve and grow the U.S. nuclear fuel industry. Serving as a road map for regaining U.S. nuclear energy leadership, the three-pronged strategy begins with bold action to revive and…

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