1 00:00:00,280 --> 00:00:08,880 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. On any given day, 2 00:00:09,119 --> 00:00:12,000 Speaker 1: there are a lot of trucks that pass through Cameron, Arizona. 3 00:00:12,800 --> 00:00:15,320 Speaker 1: It's a small town of fewer than one thousand people 4 00:00:15,560 --> 00:00:18,640 Speaker 1: on the western edge of the Navajo Nation, but Bloomberg 5 00:00:18,680 --> 00:00:22,400 Speaker 1: Medals reporter Jacob Lawrence says that in late July there 6 00:00:22,480 --> 00:00:26,480 Speaker 1: was one particular truck passing through town that raised concerns. 7 00:00:26,880 --> 00:00:29,840 Speaker 2: What was unusual about it was this sign on the 8 00:00:29,920 --> 00:00:33,080 Speaker 2: back that is yellow and red radioactive. 9 00:00:33,640 --> 00:00:37,120 Speaker 1: The truck was coming from the Pinyon Plain Uranium Mine. 10 00:00:37,560 --> 00:00:39,879 Speaker 1: It's one of a half dozen uranium mines that have 11 00:00:39,920 --> 00:00:44,319 Speaker 1: recently opened or reopened in the southwestern United States as 12 00:00:44,400 --> 00:00:48,960 Speaker 1: interest in nuclear power has surged. The truck was carrying 13 00:00:49,000 --> 00:00:52,400 Speaker 1: the mine's first shipment of uranium ore to a processing 14 00:00:52,440 --> 00:00:55,960 Speaker 1: plant in southern Utah, and to get there it would 15 00:00:56,040 --> 00:00:57,960 Speaker 1: have to pass through the Navajo Nation. 16 00:00:58,480 --> 00:01:00,640 Speaker 2: So it was noticed by a few resident who live 17 00:01:00,760 --> 00:01:06,080 Speaker 2: in this small outpost town and it immediately provoked alarm. 18 00:01:06,200 --> 00:01:10,120 Speaker 1: That's because the Navajo have a long complicated history with 19 00:01:10,400 --> 00:01:14,040 Speaker 1: uranium mining. From the mid nineteen forties to the mid eighties, 20 00:01:14,240 --> 00:01:18,000 Speaker 1: nearly thirty million tons of uranium ore were extracted from 21 00:01:18,080 --> 00:01:21,759 Speaker 1: Navajo lands. They've been dealing with the health and environmental 22 00:01:21,800 --> 00:01:26,399 Speaker 1: consequences ever since. So when those residents spotted that truck 23 00:01:26,520 --> 00:01:30,039 Speaker 1: with its radioactive cargo, they fired off an email with 24 00:01:30,120 --> 00:01:33,920 Speaker 1: a picture to the Navajo Nation President Boo Nigrin. 25 00:01:34,319 --> 00:01:38,039 Speaker 2: And when he heard about this shipment going through Navajo land, 26 00:01:38,440 --> 00:01:43,080 Speaker 2: he was adamantly opposed, and pretty soon after dispatched a 27 00:01:43,080 --> 00:01:45,880 Speaker 2: whole bunch of tribal police to go and intercept the truck. 28 00:01:46,280 --> 00:01:49,640 Speaker 1: Dozens of officers fanned out across the nation, which is 29 00:01:49,680 --> 00:01:52,400 Speaker 1: about the size of West Virginia. 30 00:01:52,480 --> 00:01:56,800 Speaker 2: They search Cameron, they search these other little encampments across 31 00:01:56,920 --> 00:01:59,600 Speaker 2: Navajo Nation, and they're searching for this truck. 32 00:02:00,360 --> 00:02:03,440 Speaker 1: The truck slipped out of Navajo Nation before the officers 33 00:02:03,480 --> 00:02:07,160 Speaker 1: tracked it down, But Jacob says the police pursuit was 34 00:02:07,240 --> 00:02:08,400 Speaker 1: just the start of the story. 35 00:02:08,800 --> 00:02:12,520 Speaker 2: What happens from there is it effectively sparks a bit 36 00:02:12,560 --> 00:02:16,160 Speaker 2: of an uproar across the nation and across the state. 37 00:02:16,200 --> 00:02:18,919 Speaker 2: In some ways, it even reaches the office of the governor. 38 00:02:19,160 --> 00:02:22,400 Speaker 2: The Navajo Nation is in sense that there's a uranium 39 00:02:22,400 --> 00:02:27,600 Speaker 2: shipment crossing the territory. It's unusual for them, and they're 40 00:02:27,680 --> 00:02:30,320 Speaker 2: saying that this shouldn't be alled, that the state needs 41 00:02:30,360 --> 00:02:33,320 Speaker 2: to intervene. The governor needs to intervene to ensure that 42 00:02:33,320 --> 00:02:35,120 Speaker 2: they're no further shipments. 43 00:02:36,520 --> 00:02:40,320 Speaker 1: The company behind the mine, Energy Fuels, agreed to pause 44 00:02:40,360 --> 00:02:43,120 Speaker 1: shipments until they could work out agreeable terms with the 45 00:02:43,200 --> 00:02:47,960 Speaker 1: Navajo Nation, and now, after a six month standoff, the 46 00:02:48,000 --> 00:02:55,560 Speaker 1: two sides finally struck a deal this week. I'm Sarah Holder, 47 00:02:55,720 --> 00:02:58,959 Speaker 1: and this is the big take from Bloomberg News Today. 48 00:02:58,960 --> 00:03:02,519 Speaker 1: On the show, a renewed interest in nuclear power dug 49 00:03:02,639 --> 00:03:05,880 Speaker 1: up old wounds in the Southwest, and what the agreement 50 00:03:05,960 --> 00:03:09,640 Speaker 1: between Energy Fuels and the Navajo Nation reveals about the 51 00:03:09,720 --> 00:03:13,400 Speaker 1: human costs of clean power and the challenges they pose 52 00:03:13,600 --> 00:03:24,000 Speaker 1: for the green energy transition Pinion Plane. The uranium mine 53 00:03:24,080 --> 00:03:26,720 Speaker 1: that produced the ore at the heart of the standoff 54 00:03:27,200 --> 00:03:29,600 Speaker 1: sits a few miles from the south rim of the 55 00:03:29,639 --> 00:03:33,480 Speaker 1: Grand Canyon. Bloomberg's Jacob Lawrence went to see it. 56 00:03:33,480 --> 00:03:36,760 Speaker 2: It's an underground mine, so from surface level it doesn't 57 00:03:36,800 --> 00:03:39,560 Speaker 2: look that big. It's about the size of a Walmart 58 00:03:39,600 --> 00:03:42,640 Speaker 2: parking lot, and it's carved out of this little old 59 00:03:42,720 --> 00:03:46,280 Speaker 2: pine forest that surrounds the Grand Canyon. And looks more 60 00:03:46,400 --> 00:03:50,440 Speaker 2: like the bucolic topography of New England than what you 61 00:03:50,440 --> 00:03:53,960 Speaker 2: would expect from the sprawling desert bad lands of the 62 00:03:53,960 --> 00:03:54,720 Speaker 2: Grand Canyon. 63 00:03:55,040 --> 00:03:58,160 Speaker 1: The mine's origins go back decades, so. 64 00:03:58,160 --> 00:04:02,240 Speaker 2: It is discovered by prospectors in the nineteen seventies at 65 00:04:02,280 --> 00:04:05,240 Speaker 2: a time when the price of uranium was very high 66 00:04:05,320 --> 00:04:10,040 Speaker 2: and there was very strong incentive to find American uranium. 67 00:04:10,480 --> 00:04:13,320 Speaker 1: After World War Two, the US was in a nuclear 68 00:04:13,440 --> 00:04:16,599 Speaker 1: arms race against the USSR and also trying to sell 69 00:04:16,640 --> 00:04:20,599 Speaker 1: the public on the peaceful Atom, the idea that nuclear 70 00:04:20,720 --> 00:04:25,600 Speaker 1: energy could drive economic growth and provide near limitless clean power. 71 00:04:26,360 --> 00:04:29,200 Speaker 1: But in the late seventies and eighties, the American public 72 00:04:29,240 --> 00:04:33,520 Speaker 1: started to sour on nuclear power after high profile disasters 73 00:04:33,560 --> 00:04:37,359 Speaker 1: at Three Mile Island and Chernobyl. Safety concerns cooled the 74 00:04:37,400 --> 00:04:41,360 Speaker 1: demand for nuclear energy and for the uranium that powers it. 75 00:04:42,360 --> 00:04:46,320 Speaker 1: Energy fuels CEO Mark Chalmers told Jacob he remembers what 76 00:04:46,320 --> 00:04:48,120 Speaker 1: that moment was like for the industry. 77 00:04:48,680 --> 00:04:51,480 Speaker 2: People just were like, no, we don't need nuclear power, 78 00:04:51,600 --> 00:04:54,799 Speaker 2: we don't need go ahead and generate from coal, only 79 00:04:54,920 --> 00:04:58,320 Speaker 2: generate from hydro natural gas. 80 00:04:58,640 --> 00:05:01,160 Speaker 1: So over the next few decades there was no mining 81 00:05:01,279 --> 00:05:05,560 Speaker 1: happening at Pinion Plane, That is until American interest in 82 00:05:05,680 --> 00:05:10,240 Speaker 1: nuclear power started to boom again in the last few years. 83 00:05:10,400 --> 00:05:13,919 Speaker 1: Concerns about global warming and surging energy demand from AI 84 00:05:14,120 --> 00:05:17,880 Speaker 1: have made nuclear energy more appealing, and after the twenty 85 00:05:17,920 --> 00:05:21,880 Speaker 1: twenty two invasion of Ukraine, many countries needed an alternative 86 00:05:21,960 --> 00:05:25,599 Speaker 1: to Russian oil and gas. Russia is also one of 87 00:05:25,640 --> 00:05:29,640 Speaker 1: the world's largest producers of uranium, so as the US 88 00:05:29,680 --> 00:05:32,760 Speaker 1: and other countries started to levy sanctions against it, the 89 00:05:32,800 --> 00:05:37,840 Speaker 1: price of uranium started to climb, and Chalmers saw an opportunity. 90 00:05:38,200 --> 00:05:41,120 Speaker 2: When was it that you decided that it was time 91 00:05:41,160 --> 00:05:44,400 Speaker 2: to start producing? What had happened if they working? At 92 00:05:44,400 --> 00:05:46,480 Speaker 2: that point the price of uranium had got up to 93 00:05:46,480 --> 00:05:47,680 Speaker 2: about fifty bucks. 94 00:05:47,800 --> 00:05:51,240 Speaker 1: So in twenty twenty two, Energy Fuels started the process 95 00:05:51,320 --> 00:05:55,200 Speaker 1: of getting Pinion Plane ready for production. The price of 96 00:05:55,360 --> 00:05:59,320 Speaker 1: uranium fluctuated a bit that year, but eventually it continued 97 00:05:59,320 --> 00:05:59,799 Speaker 1: to rise. 98 00:06:00,440 --> 00:06:03,360 Speaker 2: We see the price of uranium go from around twenty 99 00:06:03,520 --> 00:06:06,520 Speaker 2: thirty bucks a pound to now about seventy bucks a pound. 100 00:06:06,600 --> 00:06:08,120 Speaker 2: In the past five years, we've seen it go up 101 00:06:08,120 --> 00:06:09,159 Speaker 2: about two hundred percent. 102 00:06:10,680 --> 00:06:13,280 Speaker 1: When Jacob visited the mine, he got a tour from 103 00:06:13,320 --> 00:06:16,040 Speaker 1: some of the miners who work there. They piled into 104 00:06:16,080 --> 00:06:20,640 Speaker 1: an elevator essentially a metal cage, and started heading down 105 00:06:21,279 --> 00:06:22,120 Speaker 1: twelve hundred. 106 00:06:21,880 --> 00:06:25,240 Speaker 2: And thirty feet and the next level is basically the 107 00:06:25,320 --> 00:06:29,440 Speaker 2: top of the or body. Okay, so our or body, 108 00:06:30,040 --> 00:06:30,440 Speaker 2: you'll see. 109 00:06:30,440 --> 00:06:32,120 Speaker 1: It's a blink of an eye. 110 00:06:32,120 --> 00:06:34,680 Speaker 2: It's from this next level to the level we're going 111 00:06:34,720 --> 00:06:36,640 Speaker 2: to get off at. It's only two hundred and thirty 112 00:06:36,680 --> 00:06:41,720 Speaker 2: feet right, so it's about as deep as the Empire 113 00:06:41,760 --> 00:06:47,880 Speaker 2: State Building is tall. It's dark and cavernous and muddy, 114 00:06:48,040 --> 00:06:50,760 Speaker 2: and not for the claustrophobic, of which I am a 115 00:06:50,760 --> 00:06:52,440 Speaker 2: little bit. So it was certainly a bit of an 116 00:06:52,480 --> 00:06:55,560 Speaker 2: unsettling experience. And when you get down to the bottom 117 00:06:55,640 --> 00:06:59,600 Speaker 2: of the mine, you walk through these tunnels that they 118 00:06:59,640 --> 00:07:03,800 Speaker 2: sort of coil around the perimeter of this mine, all 119 00:07:03,839 --> 00:07:06,839 Speaker 2: sort of winding around this long body of uranium ore 120 00:07:07,160 --> 00:07:09,920 Speaker 2: that sort of shoots right down the middle, almost like 121 00:07:09,920 --> 00:07:12,760 Speaker 2: a drill. It was only Sol's scrape it off and 122 00:07:12,840 --> 00:07:14,920 Speaker 2: put it in. Really soon, we'll put it in what 123 00:07:15,040 --> 00:07:19,280 Speaker 2: we call the Boulder Bay. And so the tunnels are 124 00:07:19,320 --> 00:07:22,920 Speaker 2: slanted and you can see miners who are drilling into 125 00:07:22,960 --> 00:07:26,080 Speaker 2: the sides of the walls there in search of higher 126 00:07:26,120 --> 00:07:28,920 Speaker 2: grade uranium ore that's within this body. 127 00:07:30,480 --> 00:07:33,520 Speaker 1: Last summer, Energy Fuels was ready to send its first 128 00:07:33,560 --> 00:07:38,040 Speaker 1: shipment of uranium ore to the processing plant in Utah. 129 00:07:37,440 --> 00:07:40,240 Speaker 2: And in order to do so, the only economical way 130 00:07:40,280 --> 00:07:42,040 Speaker 2: to transport is through the Navajo Nation. 131 00:07:42,360 --> 00:07:45,680 Speaker 1: Chalmers maintains that Energy Fuels had permission to use the 132 00:07:45,680 --> 00:07:47,600 Speaker 1: federal highways that cut through the nation. 133 00:07:48,280 --> 00:07:51,200 Speaker 2: And it's important to note that just you know, standards 134 00:07:51,240 --> 00:07:56,040 Speaker 2: for shipping radioactive material like uranium ore have increased substantially 135 00:07:56,360 --> 00:07:59,240 Speaker 2: over the past several decades, and you know, they felt 136 00:07:59,320 --> 00:08:02,080 Speaker 2: quite confident that regardless of where they were going to 137 00:08:02,160 --> 00:08:05,080 Speaker 2: drive their trucks, these were going to be safe transports. 138 00:08:05,400 --> 00:08:08,360 Speaker 1: But what Energy Fuels didn't see coming was how the 139 00:08:08,440 --> 00:08:10,280 Speaker 1: Navajo Nation would react. 140 00:08:10,640 --> 00:08:13,800 Speaker 2: I don't know that they were expecting quite the pushback 141 00:08:13,840 --> 00:08:15,160 Speaker 2: that they then received. 142 00:08:17,040 --> 00:08:20,800 Speaker 1: After the break. Why the Navajo Nation pushed back so hard, 143 00:08:21,400 --> 00:08:34,240 Speaker 1: and what that means for pinion planes future. The Navajo 144 00:08:34,360 --> 00:08:38,240 Speaker 1: Nation has a long history with uranium mining, one Bloomberg's 145 00:08:38,280 --> 00:08:42,200 Speaker 1: Jacob Laurin says still feels very present on the reservation today. 146 00:08:42,440 --> 00:08:44,760 Speaker 2: It didn't take long when I was driving into the 147 00:08:44,880 --> 00:08:50,400 Speaker 2: territory to start seeing signs and graffiti and murals across 148 00:08:50,480 --> 00:08:54,440 Speaker 2: the area explicitly calling for, you know, either an end 149 00:08:54,480 --> 00:08:57,320 Speaker 2: to uranium mining in the area or you know, please 150 00:08:57,400 --> 00:09:01,080 Speaker 2: to clean up the mines that have been left idled 151 00:09:01,120 --> 00:09:04,120 Speaker 2: in the area. It's really part and parcel with you know, 152 00:09:04,200 --> 00:09:06,920 Speaker 2: some of the main issues that are top of mind 153 00:09:06,920 --> 00:09:08,959 Speaker 2: for people who live in that area, given the history. 154 00:09:08,960 --> 00:09:13,080 Speaker 2: They're adamantly opposed even to new outfits like energy fuels 155 00:09:13,120 --> 00:09:16,520 Speaker 2: that you know, while they're introducing a mine outside of 156 00:09:16,600 --> 00:09:18,920 Speaker 2: Navajo Nation, you know, they still they don't want to 157 00:09:18,960 --> 00:09:23,120 Speaker 2: see any transportation, any shipping of this material through their land. 158 00:09:23,480 --> 00:09:26,480 Speaker 1: At its peak, how big was uranium mining in the 159 00:09:26,559 --> 00:09:29,640 Speaker 1: Navajo Nation? How many mines were out there? 160 00:09:29,880 --> 00:09:33,679 Speaker 2: In total, more than five hundred uranium mines were built 161 00:09:33,720 --> 00:09:36,880 Speaker 2: across the area. Again, these are small mines, so it's 162 00:09:37,000 --> 00:09:40,480 Speaker 2: not these massive open pit mines. A lot of them 163 00:09:40,520 --> 00:09:44,720 Speaker 2: are underground, almost mom and pop style uranium just like 164 00:09:44,800 --> 00:09:45,959 Speaker 2: these little projects. 165 00:09:46,200 --> 00:09:49,160 Speaker 1: And as the mind sprang up, jobs came with them. 166 00:09:49,600 --> 00:09:53,920 Speaker 2: It quickly became a major source of employment on the reservation. 167 00:09:54,400 --> 00:09:57,760 Speaker 2: A lot of Navajo people went to work at the mines, 168 00:09:58,160 --> 00:10:00,920 Speaker 2: and you know, unfortunately, at that time, health and safety 169 00:10:00,920 --> 00:10:05,959 Speaker 2: standards around mining was quite limited. Consequently, they also experienced 170 00:10:06,040 --> 00:10:09,520 Speaker 2: pretty profound hardship as a result of being exposed to 171 00:10:09,600 --> 00:10:11,319 Speaker 2: these mines for such a long period of time. 172 00:10:11,760 --> 00:10:14,920 Speaker 1: In the nineteen eighties, when the uranium bubble burst, many 173 00:10:14,960 --> 00:10:18,520 Speaker 1: of these mines were abandoned shut down without proper cleanup. 174 00:10:18,760 --> 00:10:22,040 Speaker 2: The miners effectively pack their bags, pick up their shovels, 175 00:10:22,080 --> 00:10:25,080 Speaker 2: and walk away from a lot of these operations. 176 00:10:24,640 --> 00:10:27,559 Speaker 1: And tribal members are still dealing with health issues they 177 00:10:27,559 --> 00:10:31,400 Speaker 1: believe were caused by the mining and the radioactive material 178 00:10:31,520 --> 00:10:32,280 Speaker 1: that came with it. 179 00:10:32,360 --> 00:10:34,679 Speaker 2: There have been studies that have linked a lot of 180 00:10:34,720 --> 00:10:41,199 Speaker 2: these mines to cancer, kidney malfunction, genetic deformities within people 181 00:10:41,200 --> 00:10:42,240 Speaker 2: who live in the area. 182 00:10:42,320 --> 00:10:46,680 Speaker 1: In places like Cameron, people were literally surrounded by uranium. 183 00:10:46,960 --> 00:10:49,760 Speaker 2: Somewhat astonishingly, a lot of the homes that were built 184 00:10:49,800 --> 00:10:54,240 Speaker 2: on Navajo Nation were built using radioactive uranium waste that 185 00:10:54,320 --> 00:10:56,840 Speaker 2: was repurposed into concrete. Wow. So if you live in 186 00:10:56,840 --> 00:11:00,600 Speaker 2: a house around Cameron, there's a good chance that you're 187 00:11:01,000 --> 00:11:04,080 Speaker 2: living in a home that was built with radioactive material. 188 00:11:04,400 --> 00:11:07,360 Speaker 1: And while Jacob was in Cameron, he heard about other 189 00:11:07,400 --> 00:11:09,760 Speaker 1: ways people there were exposed to the waste. 190 00:11:10,000 --> 00:11:13,000 Speaker 2: When I was in Cameron, I spoke to a man 191 00:11:13,040 --> 00:11:16,480 Speaker 2: who's about fifty years old named Ray Yellowfeather, and he 192 00:11:16,600 --> 00:11:20,080 Speaker 2: grew up surrounded by these mines, and from his backyard 193 00:11:20,280 --> 00:11:23,480 Speaker 2: he could see and he could walk to these abandoned mines. 194 00:11:23,600 --> 00:11:26,320 Speaker 2: There was no fences, there was nothing that closed off 195 00:11:26,360 --> 00:11:29,120 Speaker 2: the mines from his access or that warned him of 196 00:11:29,160 --> 00:11:31,640 Speaker 2: the dangers. And so what he told me was that 197 00:11:31,960 --> 00:11:34,760 Speaker 2: after school he would hang out with his friends when 198 00:11:34,760 --> 00:11:36,520 Speaker 2: they were about ten or eleven, They would get their 199 00:11:36,559 --> 00:11:38,480 Speaker 2: sleds and they would go climb to the top of 200 00:11:38,480 --> 00:11:40,680 Speaker 2: these hills and they would slide back down, and for 201 00:11:40,720 --> 00:11:42,320 Speaker 2: them it was a great time. They called them the 202 00:11:42,320 --> 00:11:44,560 Speaker 2: Blue Hills. And every day they would go and they 203 00:11:44,559 --> 00:11:46,840 Speaker 2: would play on them. And it was only years later 204 00:11:46,880 --> 00:11:49,240 Speaker 2: that they really discovered, you know what it was that 205 00:11:49,280 --> 00:11:50,319 Speaker 2: they were playing on. 206 00:11:50,600 --> 00:11:53,360 Speaker 1: When Ray thinks about the mines that came to define 207 00:11:53,400 --> 00:11:56,360 Speaker 1: his childhood, he can't help but wonder if they have 208 00:11:56,400 --> 00:11:59,000 Speaker 1: something to do with the health issues that have plagued 209 00:11:59,040 --> 00:11:59,600 Speaker 1: his family. 210 00:12:00,000 --> 00:12:03,480 Speaker 2: Of his family members have passed away, including his mother, 211 00:12:04,040 --> 00:12:08,120 Speaker 2: all from stomach cancer, and as with most of these diseases, 212 00:12:08,200 --> 00:12:10,560 Speaker 2: it's hard to sort of link one to one what 213 00:12:10,720 --> 00:12:13,040 Speaker 2: exactly is the cause of it. We do know that 214 00:12:13,080 --> 00:12:16,760 Speaker 2: there are a substantial number of stomach cancer victims on 215 00:12:16,880 --> 00:12:20,880 Speaker 2: Navajo territory. And you know, for him, he connects the 216 00:12:20,920 --> 00:12:23,480 Speaker 2: dots and he thinks, you know, I grew up around 217 00:12:23,480 --> 00:12:27,960 Speaker 2: these radioactive minds. My whole family grew up around these minds. 218 00:12:28,280 --> 00:12:30,120 Speaker 2: It seems like this may have been the cause of 219 00:12:30,160 --> 00:12:31,359 Speaker 2: what my family experienced. 220 00:12:31,600 --> 00:12:34,880 Speaker 1: The Environmental Protection Agency has been working with the Navajo 221 00:12:34,960 --> 00:12:39,280 Speaker 1: Nation to clean up mines and water contaminated with radioactive waste, 222 00:12:40,040 --> 00:12:43,480 Speaker 1: but two decades after the EPA program began, only a 223 00:12:43,559 --> 00:12:47,120 Speaker 1: small percentage of minds have been worked on at all, 224 00:12:47,240 --> 00:12:50,320 Speaker 1: and Jacob says the legacy the industry is left on 225 00:12:50,360 --> 00:12:53,960 Speaker 1: the land and on the Navajo people. Means many in 226 00:12:53,960 --> 00:12:57,720 Speaker 1: the Navajo Nation oppose uranium mining and the nuclear movement. 227 00:12:58,679 --> 00:13:02,640 Speaker 1: Even though the industry has tried to give assurances, it's 228 00:13:02,679 --> 00:13:05,720 Speaker 1: hard for people to trust that this time around the 229 00:13:05,800 --> 00:13:07,319 Speaker 1: practices are safe. 230 00:13:07,160 --> 00:13:11,120 Speaker 2: Given the history. They're adamantly opposed even to new outfits 231 00:13:11,200 --> 00:13:14,360 Speaker 2: like energy fuels that you know, while they're introducing a 232 00:13:14,440 --> 00:13:17,480 Speaker 2: mine outside of Navajo Nation, you know, they still they 233 00:13:17,520 --> 00:13:20,840 Speaker 2: don't want to see any transportation any shipping of this 234 00:13:21,000 --> 00:13:22,400 Speaker 2: material through their land. 235 00:13:22,600 --> 00:13:26,120 Speaker 1: So that Energy Fuels truck driving through the Navajo Nation 236 00:13:26,320 --> 00:13:30,560 Speaker 1: last July filled with uranium. For the people that spotted it, 237 00:13:30,559 --> 00:13:34,240 Speaker 1: it was a reminder of that painful history. That's why 238 00:13:34,280 --> 00:13:37,520 Speaker 1: President Niagrin sent the police to try to intercept the truck, 239 00:13:38,040 --> 00:13:41,280 Speaker 1: and it's part of why resolving the resulting stalemate was 240 00:13:41,320 --> 00:13:41,960 Speaker 1: so delicate. 241 00:13:42,400 --> 00:13:45,520 Speaker 2: One of the things that President Buniagrin said to me 242 00:13:46,080 --> 00:13:48,320 Speaker 2: was that, you know, no matter how much a mining 243 00:13:48,360 --> 00:13:51,080 Speaker 2: company tells them that their project is safe and that 244 00:13:51,120 --> 00:13:54,000 Speaker 2: their shipments are safe, he says, that's what we were 245 00:13:54,000 --> 00:13:56,800 Speaker 2: told back in the sixties and seventies, and you know, 246 00:13:56,960 --> 00:13:57,920 Speaker 2: look where that got us. 247 00:13:58,440 --> 00:14:01,839 Speaker 1: On Wednesday, Energy Fuel in the Navajo Nation announce the 248 00:14:01,960 --> 00:14:05,440 Speaker 1: terms of their new deal. The mining company agreed to 249 00:14:05,480 --> 00:14:09,440 Speaker 1: add additional protections to their trucks beyond those required by 250 00:14:09,440 --> 00:14:14,000 Speaker 1: the Department of Transportation. Those include special cover systems to 251 00:14:14,080 --> 00:14:17,800 Speaker 1: keep uranium or dust from escaping from the trucks, limiting 252 00:14:17,840 --> 00:14:22,520 Speaker 1: transportation to certain routes and times, and not transporting or 253 00:14:22,680 --> 00:14:26,360 Speaker 1: on days involving celebrations or public events on the Navajo Nation. 254 00:14:27,200 --> 00:14:30,880 Speaker 1: The company also agreed to relocate ten thousand tons of 255 00:14:31,040 --> 00:14:35,760 Speaker 1: uranium waste from abandoned mines across Navajo Land. In return, 256 00:14:35,960 --> 00:14:40,600 Speaker 1: the company will be allowed to resume uranium shipments in February, 257 00:14:40,920 --> 00:14:45,000 Speaker 1: but Jacob says the long road to resolution holds lessons 258 00:14:45,000 --> 00:14:46,880 Speaker 1: for the rest of the uranium industry. 259 00:14:47,760 --> 00:14:50,960 Speaker 2: This standoff really forecasts some of the fights that are 260 00:14:51,040 --> 00:14:54,360 Speaker 2: to come with this kind of on shoring. While these 261 00:14:54,480 --> 00:14:58,240 Speaker 2: mines are really sprouting up across the United States and 262 00:14:58,280 --> 00:15:01,200 Speaker 2: in Western countries, they also are going to come into conflict. 263 00:15:01,200 --> 00:15:03,520 Speaker 2: And I think that will see this happen again and again. 264 00:15:03,960 --> 00:15:07,800 Speaker 2: And it's this I think perennial paradox with the mining industry, 265 00:15:07,800 --> 00:15:11,320 Speaker 2: which is that it supplies incredibly important material, but you know, 266 00:15:11,400 --> 00:15:14,440 Speaker 2: at a cost. 267 00:15:17,960 --> 00:15:21,080 Speaker 1: This is the big take from Bloomberg News. I'm Sarah Holder. 268 00:15:21,400 --> 00:15:24,360 Speaker 1: This episode was produced by David Fox. It was edited 269 00:15:24,360 --> 00:15:28,240 Speaker 1: by Tracy Samuelson and David Papadopoulos. It was fact checked 270 00:15:28,240 --> 00:15:31,920 Speaker 1: by Adrian Atapia and mixed and sound designed by Alex Sugiura. 271 00:15:32,600 --> 00:15:35,840 Speaker 1: Our senior producer is Naomi Shaven. Our senior editor is 272 00:15:35,840 --> 00:15:40,560 Speaker 1: Elizabeth Ponso. Our executive producer is Nicole beemsterbor Sage Bauman 273 00:15:40,720 --> 00:15:44,160 Speaker 1: is Bloomberg's head of podcasts. If you liked this episode, 274 00:15:44,320 --> 00:15:47,120 Speaker 1: make sure to subscribe and review The Big Take wherever 275 00:15:47,200 --> 00:15:49,920 Speaker 1: you listen to podcasts, it helps people find the show. 276 00:15:51,000 --> 00:15:53,600 Speaker 1: Thanks for listening. We'll be back tomorrow