PEN 1.37% $1.08 peninsula energy limited

US protectionism on Uranium and PEN, page-4

  1. 377 Posts.
    1. PURPOSE AND PROCEDURE:

    A
    Section 232 investigation is conducted under the authority of the Trade Expansion Act
    of
    1962, as amended. The purpose of the investigation is to determine the effect of
    imports on the national security. Investigations may be initiated based on an application
    from
    an interested party, a request from the head of any department or agency, or may be
    self-initiated by the Secretary of Commerce.

    By
    law, the Secretary of Commerce has 270 days to present the Department's findings
    and recommendations to
    the President. While the statute requires that Commerce consult
    with the Department of Defense regarding the methodological and policy questions that
    ari
    se during a Section 232 investigation, other government agencies (such as the
    Departments of State and Labor) also participate in Section 232 interagency working
    groups based upon their expertise and/or interest.

    During the
    course of an investigation, Commerce may provide the public with an
    opportunity to comment and present information and advice relevant to the investigation,
    u
    sually through a notice in the Federal Register. Additional information is gathered from
    such sources as: surveys of producers, importers and endusers; on-the-record meetings
    w
    ith interested parties; site visits; and a review of public literature.

    If th
    e Secretary finds that imports threaten to impair the national security, the President
    h
    as 90 days to determine whether he agrees with the Secretary's findings, and to
    d
    etermine whether to use his statutory authority to "adjust imports."


    1. CRITICAL FACTORS:

    A
    mong the most important criteria considered are:

    • requirements of the defense and essential civilian sectors;
    • growth requirements of domestic industries to meet national defense requirements;
    • quantity, quality, and availability of imports;
    • impact of foreign competition on the economic welfare of the essential domestic industry;
    • the displacement of any domestic products causing substantial unemployment, decrease in the revenues of government, loss of investment or specialized skills and productive capacity; and
    • other factors relevant to the unique circumstances of the specific case.
    https://www.bis.doc.gov/index.php/forms-documents?task=doc_download&gid=86
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
$1.08
Change
-0.015(1.37%)
Mkt cap ! $274.0M
Open High Low Value Volume
$1.09 $1.12 $1.08 $237.1K 216.2K

Buyers (Bids)

No. Vol. Price($)
2 18320 $1.08
 

Sellers (Offers)

Price($) Vol. No.
$1.10 4076 3
View Market Depth
Last trade - 12.28pm 04/12/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.