Commodities
Navajo Tribe Agrees to Allow Uranium Shipments, Ending Six-Month Standoff
- Uranium shipments to resume in February with new conditions
- Agreement follows a six-month standoff that stopped production
Barrels stored at the Energy Fuels White Mesa Mill uranium production facility in Blanding, Utah.
Photographer: Kim Raff/BloombergThis article is for subscribers only.
Energy Fuels Inc. reached an agreement with the Navajo Nation to resume transport of uranium ore on the nation’s territory after a six-month standoff that halted production at the company’s Arizona mine.
The Colorado-based miner will restart shipments along federal and state highways that cross the vast territory in northwestern Arizona in February, allowing uranium ore to reach its processing mill in Utah, Energy Fuels said in a Wednesday statement.