Environmentalists lose bid to halt uranium mine near Grand Canyon

[Ptah]

FLAGSTAFF — A federal judge has ruled against environmental groups and a tribe in their bid to keep a uranium mine south of the Grand Canyon from operating.

The Canyon Mine near the national park's South Rim entrance has been on standby for nearly 20 years. The company that owns it, Energy Fuels Resources, is waiting for uranium prices to rebound before opening it.

Still, environmental groups and the Havasupai Tribe sought to prevent that from happening. They sued the U.S. Forest Service, arguing the agency failed to consider the environmental and cultural costs of extracting uranium ore when it reviewed the company's mining claims.

U.S. District Judge David Campbell in Arizona said those costs would have been minimal, considering the Forest Service projected Canyon Mine's profits at a conservative $29 million.

https://azdailysun.com/news/local/enviro/environmentalists-lose-bid-to-halt-uranium-mine-near-grand-canyon/article_f33a4f48-cb98-530c-94e9-5ac22c12f516.html

[Miguelito Loveless]

1. If they are waiting on uranium prices to "rebound"

I wouldn’t worry. Solar and wind prices are a fraction of nuclear generation. At least half, to a third.