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    market news

    Nuclear Energy Groups Sue US to Reverse Uranium Mining Ban

    Investing News Network
    Feb. 27, 2012 03:06PM PST
    Long Tail

    Bloomberg reported the Nuclear Energy Institute and the National Mining Association have sued the U.S. government in an effort to reverse a uranium mining ban on lands near the Grand Canyon.

    Bloomberg reported the Nuclear Energy Institute and the National Mining Association have sued the U.S. government in an effort to reverse a uranium mining ban on lands near the Grand Canyon.

    As quoted in the market news:

    The two organizations, representing mining and nuclear power companies, today asked a federal court in Arizona to reverse a U.S. Interior Department ban, announced Jan. 9, on new hard-rock mining claims on about 1 million acres (405,000 hectares) of land, according to an e-mailed statement. The lawsuit couldn’t be independently confirmed from court records.

    Click here to read the full Bloomberg report.

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