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Entrepreneur According to him, he holds the secret. Utah’s uranium renaissance


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Longtime uranium entrepreneur George Glasier The company is back in business and has a new proposal to build a mine or mill. Utah’s Emery County. The projects would use new and efficient technologies for extracting ore from the ground and separating out the uranium and vanadium — systems that rely on water rather than the hazardous chemicals used in conventional processes.

But Environmental activists are skeptical Glasier If not soon enough, we will be able to obtain the necessary permits.

The founder of Energy Fuels Inc., Glacier acquired some of that company’s properties to start a CanadaCompany with a base in the United States called Western Uranium & Vanadium Corp. 2014

In A Press release Monday, Western It revealed its latest plans. The company stated that it had acquired land for the mill with the support from state and local officials. They also initiated permitting processes. This Also, the mill could process cobalt, which is an essential element used in electric vehicles.

“We’ve got probably the best uranium-vanadium properties in Colorado and Utah,” Glasier Interview via phone Tuesday. He The owner of private land in the Green River Industrial Park to place the mill which would process ore at the site Colorado He also controls mines. Western Also, plans are in place to create a new mine on federal land several miles west. Green River.

“We studied sites for a year and found the very best site because it has the infrastructure right on the highway,” Glasier said. “It’s got water that’s going to be supplied by the town of Green River. And it’s got power very close to it — and support of the locals.”

He He believes that he can get the mine and mill up and running by late 2025. In Garfield CountyIn the meantime, you can find a Canadian company called Anfield Energy Recently, the company revealed its plans. Reviving the old mill in Shootaring CanyonIt acquired the, in 2015. That The mill was shut down after six months of operation in 1983.

Also In the 1980s, Glasier Contributed to the building Energy Fuels’ Processing plant outside White Mesa, currently the nation’s only operating uranium mill. He As Energy Fuels President and CEO, 2006-2011 before forming Western As a publicly traded company, it was headquartered in 2014. Toronto.

The Company is based in Nucla, ColoIt currently operates in the following locations: Sunday Mine Complex network of five mines for uranium in Big Gypsum Valley Just across the Utah state line.

While Still at the top Energy Fuels, Glasier Proposed a mill Colorado’s Paradox Valley A site called Pinion RidgeAccording to Jennifer ThurstonAn activist with Information Network For Responsible Mining Who has long contested? Glasier’s uranium proposals in Colorado.

She According to the latest proposal, it looks like a rerun of Pinion Ridge.

“Green River is an odd location,” She spoke. “It does look and feel a little bit like the Pinion Ridge proposal almost 15 years ago. Many of the same elements that were in place at that time are in place again. Often with uranium, you see things repeat in speculation cycles. And that’s happening again.”

Her The group has persuaded state regulators to cancel the permit for one the Sunday Mines, also known as TopazCiting Colorado Law requiring that mines be closed down after 10 years of no production.

The The U.S. Uranium Industry has been plagued for many years by low commodity prices, as well as a lack of processing capabilities. ConsequentlyThe U.S. nuclear power sector only sources about 10% of its uranium domestically. But Companies such as Anfield And Western They are banking on a revival for nuclear energy as utilities transition away from fossil fuels and to emissions-free energy sources.

Uranium The current price of the commodity is currently at $40 per pound. That’s less than it costs to produce from many U.S. mines. But Glacier He believes that the revolutionary milling process he is developing can be profitable at $40 uranium price.

While Western Cobalt is not currently mined in the United States and it has been ruled out of its future plans. Utah, Glasier He said that he had received inquiries from several prosectors about processing cobalt ore at his mill. Green River.

“If you look at the mineral maps of Utah, there’s a lot of cobalt occurrences. I don’t know how good they are,” He said. “But people have come to us and said, ‘If you’re going to build the processing plant, would you consider putting in a cobalt circuit?’ And we said, ‘Sure, we will design that into the circuit.’ …. It won’t cost that much more. The front end of a processing plant is about the same for whatever metal you’re recovering.”

But The main attraction would be uranium at the Green River mill, where Glasier He wants to show off a new method for separating uranium dioxides from ore. This process, he claims, would be better than the existing one. Existing mill White Mesa.

“This mill is going to be far more technologically advanced,” Glasier said. “It’ll be a far lower production cost because of the technology that we own.”

The Operation would be performed using a process known as ablation. “kinetic separation,” where the ore is concentrated as it’s mined, so far less ore has to be processed in the mill, according to Glasier.

“It’s a technology that takes any kind of secondary mineral deposit, where the mineral coats the sand,” He said. “That’s the case with virtually all of the uranium-vanadium deposits in Utah and Colorado.”

The The idea is to expose the ore under extreme pressure to water.

“It’s basically driving these sand grains at high velocity against each other. It blows off that coating of the mineral and then we simply screen off that clean sand that doesn’t have any mineral in it,” He said. “It’s a patented process, but it’s very simple.”

This This would result in an eight-fold increase in uranium content of the ore. The rest would be returned to the mine.

“So for every seven tons you bring from the mine only one ton goes through the chemical process of the mill to purify the uranium and vanadium,” Glasier said. “That’s why environmentally it’s so much better. When you add chemicals to this, that’s when you come up with mill tailings that are toxic and you have to dispose of them in certain types of ways.”

It Although it sounds appealing on paper, the reality is that it’s not. Thurston suspects Western There may be regulatory hurdles which could dramatically increase the processing costs. The The proposed process would produce two waste streams: one at the mine, and one at a mill. Both would likely be classified under the tailings classification. Atomic Energy ActShe replied,

“Uranium tailings have to be disposed of in a very sophisticated impoundment. That’s where our opposition has come in. It’s not about the technology. It’s good for them to innovate and there are benefits if they do it properly,” Thurston said. “What we have been concerned about is the creation of two new waste streams for which they are asking a complete blanket exemption from regulation. That’s not OK. They’d have to get a license.”

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