U.S. Commerce launches national security probe into uranium imports
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday that he has launched a new national security investigation into uranium imports that could lead to tariffs or quotas to limit them.
The "Section 232" probe was prompted by a petition filed by two U.S. uranium mining companies complaining that subsidized foreign competitors have caused them to cut capacity and lay off workers, Ur-Energy Inc (:URG - News) and Energy Fuels Inc (:UUUU.A).
(Reporting by David Lawder; Editing by Chizu Nomiyama)