Published: July 26, 2024 |

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GTI Energy Ltd. has taken its place among the key uranium sector players in the U.S. on being accepted as a member of the Uranium Producers of America (UPA), the peak industry lobbying and representative body for the US uranium sector.

UPA is a national trade association representing domestic uranium mining, conversion, and enrichment companies within the front end of the nuclear fuel cycle.

Its mission is to promote the viability of the nation’s uranium industry while being good stewards of the environments in which its members work and live.

“We are very pleased to be joining the UPA and taking our place amongst key players in the U.S. uranium sector including our neighbors in Wyoming,” said GTI Executive Director Bruce Lane.

“We look forward to the opportunity to collaborate with the UPA team and members and to contribute to moving the U.S. uranium industry forwards as it continues its resurgence,” added Lane.

The UPA has played a meaningful role in the enactment of three major pieces of legislation supporting the U.S. uranium industry in the last year including:
• The inclusion of the Nuclear Fuel Security Act (NFSA) in the House-Senate agreement for the fiscal year 2024 National Defense Authorization Act
• Funding for the NFSA through the Consolidated Appropriations Act of 2024
• H.R. 1042, The Prohibiting Russian Uranium Imports Act

GTI Energy said the passage of these significant pieces of legislation through both U.S. houses of government, with genuine bipartisan support, highlighted the commitment of elected representatives in the U.S. to support the nuclear power and uranium industries.

“These measures are seeking to provide long-term market certainty and upwards of $4 billion in federal funding to the nuclear fuel industry, signaling a very strong commitment to rapidly rebuild an industry which is now seen as a cornerstone of energy policy in the U.S. for the long term,” the company said.

“We are excited to welcome GTI Energy Ltd. to the UPA and are eager to work together in continuing to expand our domestic uranium industry,” said UPA president Scott Melbye.

“GTI plays an important role in uranium exploration in the United States and UPA looks forward to collaborating with GTI and our other members to further advance the front end of the U.S. nuclear fuel cycle,” added Melbye.

Acceptance to the UPA comes as GTI Energy has its 2024 drill program at the flagship Lo Herma ISR project in Wyoming underway targeting expansion of the total uranium mineral resource.

UPA members include North America’s most prominent uranium and nuclear fuels companies that carry out uranium exploration, development and mining operations in Arizona, Colorado, Nebraska, New Mexico, South Dakota, Texas, Utah, and Wyoming.

A conversion facility is located in Illinois and UPA’s member enrichment company is based in North Carolina and Kentucky.

Source: Proactive Resources

GTI Energy is a leading technology development organization. Their trusted team works to scale impactful solutions that shape energy transitions by leveraging gases, liquids, infrastructure, and efficiency. They embrace systems thinking, innovation, and collaboration to develop, scale, and deploy the technologies needed for low-carbon, low-cost energy systems.

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