InvestorsHub Logo
Followers 45
Posts 3028
Boards Moderated 0
Alias Born 05/15/2010

Re: None

Saturday, 03/12/2011 12:47:07 PM

Saturday, March 12, 2011 12:47:07 PM

Post# of 29
Files motion to dismiss lawsuit

(Reuters) - Uranium and vanadium mineral development company Energy Fuels Inc said it filed a motion in a Colorado district court to dismiss a nature-preservation group's lawsuit over the radioactive materials license the company received for its Pinon Ridge mill.

Colorado regulators on Monday gave final state approval for construction and operation of the first new uranium mill in the United States since the Cold War.

Sheep Mountain Alliance, an environmental coalition, has asked a Denver judge to revoke the license, and the state filed a motion seeking to have the lawsuit dismissed. A judge has yet to rule in the case.

Energy Fuels, which still requires air-quality approval from the U.S. Environmental Protection Agency for emissions of the radioactive gas radon for the project, said its motion joins the arguments presented in Colorado Department of Public Health and Environment's (CDPHE) motions.

It's all happened before and it will all happen again. Might as well profit from it.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent EFR News