Some potential small relief on low U prices in the short/mid...

Some potential small relief on low U prices in the short/mid term...

"The measure wouldn’t fully exempt uranium producers from paying the severance tax. It would create a scale for taxes depending on how much money uranium is going for on the open market.
The new normal of uranium prices — sub-$30 per pound — would be exempt. Between $30 and about $36 per pound, the severance tax would be 1 percent. Every additional $5 in value for a pound of uranium would add another percent to the severance tax until $50 per pound of U308 is reached. From then on the severance tax would be 4 percent."

https://trib.com/business/energy/wi...cle_2bed5152-7d8e-5b2d-b2a1-5bcb8002cf05.html