TMRA Uranium Committee Applauds Texas Legislature for Passing Permit Area Authorization Bill

TMRA Uranium Committee Applauds Texas Legislature for Passing Permit Area 
Authorization Bill 
Enactment of Legislation Is Essential to the Continued Success of
Texas' Uranium Mining Industry 
AUSTIN, TX  -- (Marketwired) -- 05/28/13 --   The Uranium Committee
of the Texas Mining and Reclamation Association (TMRA) applauds the
Texas Legislature for the passing of House Bill 1079 (HB 1079) on May
23, 2013. The legislation, authored by State Representative Wayne
Smith and sponsored by State Senator Kelly Hancock, will create
consistency in the Texas Commission on Environmental Quality's (TCEQ)
regulatory processes, thereby helping ensure a positive future for
the state's uranium mining industry which provides over $300 million
dollars in economic impact to the South Texas region. 
"I was proud to author HB 1079 which gives the uranium mining
industry the regulatory certainty they needed to continue their
substantial investment in the Texas economy," said Representative
Smith. "This legislation will continue to protect groundwater for our
citizens and will eliminate unnecessary steps in the regulatory
process that discourage job and economic growth in Texas."  
The language of HB 1079 reflects the comprehensive and substantial
work of Representatives Smith and Eddie Lucio III, Senator Hancock,
legislative staff, the staff of the Texas Commission on Environmental
Quality (TCEQ), representatives of the environmental community, and
representatives of the uranium mining industry in Texas. HB 1079
establishes language in Texas law focusing on the protection of
groundwater quality and quantity throughout the uranium mining
regulatory process while also providing the certainty that is
necessary for capital investment and employee hiring decisions. 
"After much negotiation with the various stakeholders involved, HB
1079 reflects a product that provides much needed regulatory
certainty for the uranium mining industry in Texas while continuing
to protect our environment," said Senator Hancock. "HB 1079 ensures
economic growth and job creation which is vital to the prosperity of
our state and the cities in South Texas." 
The uranium deposits in South Texas are becoming increasingly
important in the resurgence of interest in nuclear power production.
According to the U.S. Energy Information Administration, only 7.7
percent of the uranium necessary for operating the nation's nuclear
power plants is provided by uranium mining operations within the U.S.
The increased production from uranium mining operations in Texas is
crucial to providing a safe, reliable fuel source for domestic
nuclear power production, a proven means of providing large
quantities of emission-free, affordable base load electricity. 
"In striving toward the goal of energy independence, increasing the
production of Texas uranium is key," said Trey Powers, Executive
Director of TMRA. "The passage of HB 1079 is a step in the right
direction." 
TMRA's Uranium Committee was formed to promote public understanding
of the exploration, mining and production of uranium by raising
awareness of responsible, safe uranium recovery, and environmentally
protective reclamation methods currently used to develop this
valuable resource. The committee is composed of five member companies
including Cameco, MULLC, Rio Grande Resources, Uranium Energy Corp
and Uranium Resources Inc. 
The following files are available for download:  


 
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Contact information
Christian Goff
 (512) 745-0627
 Texas Mining & Reclamation Association
100 Congress Ave., Suite 1100
Austin, TX 78701
Tel: 512.236.2325
Fax: 512.236.2002
www.tmra.com