US uranium miners see boost from Commerce report

Two uranium mining companies said on Wednesday they are "confident" that US President Donald Trump will implement limits on uranium imports after the Commerce Department recommended urgent steps to boost domestic production of a list of 35 "critical minerals" that included the nuclear fuel.

The White House is currently reviewing a petition lodged by the companies, Ur-Energy and Energy Fuels, that asks the president to require that at least a quarter of US uranium needs are filled by domestic supply, and requiring US federal power utilities and agencies to buy US uranium.