Uranium Miners Rise After Trump Panel Urges U.S. Buy Domestic

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. A White House task force’s recommendation that President Donald Trump direct the federal government to buy more uranium from domestic producers sent shares of U.S. mining companies higher Thursday.The purchase of uranium by the U.S. Defense Department is among the recommendations being made by the U.S. Nuclear Fuel Working Group, comprised of cabinet level and other high-ranking officials, according to two people familiar with the matter who requested anonymity to discuss non-public deliberations.Energy Fuels Inc. surged 18%, the most in …read more

Source:: Yahoo Finance

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