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Platts reported a study on uranium mining in Virginia concluded the state is not ready to safely mine the element.
Platts reported a study on uranium mining in Virginia concluded the state is not ready to safely mine the element.
As quoted in the market news:
The report did not make recommendations on whether to remove or keep the moratorium, but warned that the state is currently not equipped to regulate uranium mining — which it said could pose a threat to public health and environmental quality in the state.
The study was conducted at the request of Virginia state delegate Terry Kilgore, a Republican who chairs the Legislature’s Coal and Energy Commission. It was funded by Virginia Uranium, a company formed to explore the Coles Hill uranium deposit in south central Virginia’s Pittsylvania County with the hope to mine the area once the moratorium is lifted.