For over 60 years, the U.S. nuclear energy industry has served as an American economic and energy lifeblood, employing nearly 100,000 U.S. workers, strengthening communities and providing clean, reliable, and carbon-free power. However, in recent years the industry has suffered premature plant closures, affecting local economies around the country.
Earlier this year, the Department of Commerce initiated a Section 232 investigation into uranium imports after two mining companies, Ur-Energy and Energy Fuels, petitioned the agency to implement a 25 percent domestic purchase quota limiting imports. The two petitioners are asking the Department of Commerce to impose a domestic purchase quota that would leave America less secure and drive up nuclear power plants’ fuel prices by $500-$800 million per year.
