Velvet-Wood in Utah seen as vital for energy security and reducing dependence on imports
In what it called a “groundbreaking” move to bolster domestic critical mineral production, the US Department of the Interior (DOI) has greenlit the Velvet-Wood uranium and vanadium mine in Utah – marking the nation’s first project approved under a newly accelerated 14-day environmental review process, launched in response to the national energy emergency declared by president Donald Trump.
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