
Click the link to read the article on The Salt Lake Tribune website (Anastasia Hufham). Click through for all the detail, here’s an excerpt:
October 7, 2024
It was one of nearly two dozen conventional mills in the U.S. when it opened in 1980, just south of Blanding, and it’s now far past its projected 15-year lifespan. Demand for uranium fell — aside from some spikes — over the decades, and mill owner Energy Fuels pivoted to also processing leftover radioactive materials from other countries, rare earth elements and producing medical isotopes. But with the growing global push for clean energy and recent international instability, demand has skyrocketed for the “yellowcake” that the mill creates. Uranium averaged about $40 a pound in 2022. It reached over $100 per pound in January and is valued at $80 per pound today, according to Business Insider…
Here’s what the mill does, and why it’s controversial…The mill currently accepts uranium ore trucked from two mines also owned by Energy Fuels: the La Sal Mines Complex near La Sal, Utah, and the Pinyon Plain Mine, located in the Kaibab National Forest near the south rim of the Grand Canyon in Arizona. Here’s what the mill does, and why it’s controversial…The mill currently accepts uranium ore trucked from two mines also owned by Energy Fuels: the La Sal Mines Complex near La Sal, Utah, and the Pinyon Plain Mine, located in the Kaibab National Forest near the south rim of the Grand Canyon in Arizona. After uranium ore and other materials arrive at the mill site, they’re organized by type into separate piles to await processing.