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Rebuilding America's Domestic Uranium Industry ( A Self-Inflicted Wound That Imperils Our Security)
Townhall ^ | 09/24/2019 | Stephen Moore

Posted on 09/24/2019 8:21:37 AM PDT by SeekAndFind

The decline of American mining and production of critical minerals in recent decades is a self-inflicted wound that could imperil our economy and national security.

Data from the latest federal geological survey showed the United States has become 99% dependent on imports for at least 20 critical and strategic minerals, not including each of the rare earth minerals, even though we were No.1 in mining output across the world as recently as 1990.

Uranium is a perfect case in point. In Western states such as Arizona, Utah, Colorado, New Mexico, Wyoming, Nebraska and Texas, the United States has massive domestic uranium resources and reserves. But incredibly, more than 90% of U.S. uranium requirements are now imported.

Although many of the imports come from Canada and Australia, more than 40% of the total U.S. uranium imports originate from a potentially adversarial trading bloc: Russia and two of its former satellites, Kazakhstan and Uzbekistan.

This is not a friendly free-market group that America can depend on, especially in an emergency.

There is a rapidly rising share of uranium production coming from state-controlled companies not located in Western market-based economies. Worse, the amount of uranium imported to the United States from state-owned companies is now close to what is supplied by our allies Canada and Australia combined.

The state ownership of Rosatom -- Russia's state nuclear energy corporation -- is so highly subsidized at the expense of the Western uranium mining industry that even Canada and Australia are also being undercut by Rosatom's cheap uranium pricing.

The Chinese have also significantly grown their state-owned nuclear enterprises, including acquiring additional uranium from Namibia. While the United States does not import significant quantities of uranium from the Chinese, they have announced their intention to penetrate the U.S. nuclear market. They are also an unreliable trading partner.

In addition, several domestic issues contribute to dwindling U.S. production, including some states' environmental laws and regulations that are overtly anti-mining. Also, a parade of never-ending nuisance lawsuits by well-funded nongovernmental organizations aim to force closure of uranium mines currently on standby. Also, the high cost of maintaining nonproducing uranium mines -- and mothballed processing facilities placed on standby -- is also a detriment.

Here are two recent examples of how we have impaired our domestic mining industry: First, Barack Obama shut off some of the highest grades of uranium production in the United States in 2012. Second, states including Virginia banned uranium mining and won a U.S. Supreme Court ruling upholding the bans.

A presidential memorandum issued in July ordered the formation of a Cabinet-level working group to find acceptable solutions to the U.S. uranium mining dilemma -- what President Trump referred to as a "national security concern." Were the U.S. uranium mining industry to disappear, the prospects of a timely and strategic comeback confidential could be severely impaired, and costs of reviving the industry might be prohibitive. Uranium mining in this country could be "lost" entirely, and the aging, disappearing workforce makes a comeback more problematic.

Too bad, because so much attention has been appropriately devoted to ensuring the reliability and safety of the American electric grid system. Civilian nuclear plants provide critical baseload power that keeps the grid stable. Nuclear energy provides almost 20% of that capability and more than half of the nation's carbon-free power. Nuclear power production could even increase modestly because some on the left have suggested that more nuclear power may be a way to further reduce greenhouse gas emissions.

President Trump will soon be presented with the working group's recommendations to alleviate America's uranium crisis.

We don't know what the best solution is. We don't support trade protectionism. As Heritage Foundation energy analyst Katie Tubb has noted: "Even the Defense Production Act empowers the Pentagon to prevent critical shortages in a way that does not include trade barriers that treat allies the same as unfriendly nations." Imports from Canada are not a problem.

The problem is the imports that come from nations that are not allies. Cheap uranium imports from those nations can appear to be a blessing to American nuclear power producers and energy consumers, but we are not talking about toys, tomatoes or household items here.

The strategy of benign neglect is not working and must be replaced with a smart strategy that ensures reliable and affordable uranium for years to come.


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: energy; uranium

1 posted on 09/24/2019 8:21:37 AM PDT by SeekAndFind
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To: SeekAndFind

They need to get the Uranium One investigation completed, and if there is evidence of Bribery, null the deal and take the mine back.

And restrict exports of Uranium from the country.


2 posted on 09/24/2019 8:27:06 AM PDT by DannyTN
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To: SeekAndFind

This is indeed very important. Nuclear energy is clean and efficient.


3 posted on 09/24/2019 8:31:53 AM PDT by Innovative
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To: SeekAndFind

I think Obama killed lead mining too.


4 posted on 09/24/2019 8:40:44 AM PDT by Bonemaker (invictus maneo)
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To: SeekAndFind

Is that witch Hillary really thinking about running again?


5 posted on 09/24/2019 8:44:38 AM PDT by GOPJ (What exactly was Hunter Biden doing in that foreign country and why was he hired to do it?- Vennochi)
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To: SeekAndFind

Another problem in the finding of mineable uranium is that it does exist in the US but can’t be mined due to its location.

An example of this is under the runways at what was Mather Air Force Base that was closed in 1993. It is surrounded by the southern part of Sacramento, Ca and is the longest runway in California at over 11K feet. It was determined that the large amount of radon gas that was being measured was coming from under the base’s runways. And it pushed safe standards which triggered a heavy bidding process when Mather closed.
But the runways were ultimately sold to UPS and other contracted air cargo feeder companies. United was in on the deal and used it to repair aircraft with the hangars already in place. And the Air National Guard has aircraft there.

We don’t know how many locations and amounts of uranium are scatter across the US. But like the way of oil fields, little mining has been allowed. We may be independent...but we’ll never know.

rwood


6 posted on 09/24/2019 8:46:49 AM PDT by Redwood71
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To: Innovative
"Nuclear energy is clean and efficient."

That it is, but thorium also works. You need a "starter motor" of U-235 to get things rolling, but after that, you're good. The thorium molten-salt inherently safe reactor design is far superior to today's uranium-based systems, and we should be busting butt to get it fully researched and implemented, otherwise, we will be buying reactors from the Indians (and maybe the Chinese).

IIRC, the US has far more thorium than uranium (of course, India has more than anyone, which is why they are so interested in it.

7 posted on 09/24/2019 9:05:36 AM PDT by Wonder Warthog (The Hog of Steel and NRA Life Member)
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To: SeekAndFind

Obama and Clinton. Cumuppance is due.


8 posted on 09/24/2019 9:34:25 AM PDT by bk1000 (I stand with Trump)
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To: Bonemaker

“I think Obama killed lead mining too.”

Dunno if mining was killed, but Obumster did make hoarding lead common.....LOL


9 posted on 09/24/2019 9:39:42 AM PDT by litehaus (A memory toooo long.............)
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