Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power

Trump grants 30-day extension for Nuclear Fuel Working Group recommendations

Electric Power | Renewables

Global and US solar outlook: Uncertainties and market impacts

Electric Power

Platts M2MS-Power

Capital Markets | Commodities | Energy | Electric Power | Electric Power Risk | Natural Gas | Banking | Infrastructure | Structured Finance

Global Power Markets Conference, 35th Annual

Coal

US 2019 coal production expected to fall 7.4% on year: EIA

Trump grants 30-day extension for Nuclear Fuel Working Group recommendations

Washington — US President Donald Trump granted a 30-day extension to the deadline for the delivery of the recommendations of a working group considering ways to support US uranium miners and the nuclear energy industry overall, a US Department of Commerce spokesman said Tuesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The recommendations of the White House Nuclear Fuel Working Group had been expected to be provided to Trump by October 10.

Trump created the Nuclear Fuel Working Group to report on all aspects of the nuclear fuel supply chain and make "recommendations to further enable domestic nuclear fuel production if needed" within 90 days, he said in a July 12 memorandum. That memorandum rejected limits on uranium import sought by US producers.

In a response to a petition from the producers, Commerce determined in April that uranium imports were threatening national security, but Trump said in his decision July 12 he did not agree with the determination and would not take immediate action to restrict imports. Instead, Trump created the working group to study the issue.

US uranium producers argue imports have hurt their business, reducing prices and forcing them to cut production and place mines on standby. The US increasingly relies on uranium from Russia and former Soviet republics, the mining companies that submitted the petition said.

Utilities, by contrast, argued to Commerce that uranium is plentiful and that allies like Australia and Canada are reliable suppliers.

-- Joniel Cha, Joniel.Cha@spglobal.com

-- Edited by Keiron Greenhalgh, newsdesk@spglobal.com