DENVER (AP) -- Colorado health officials have approved a radioactive materials license for what would be the country's first new conventional uranium mill in more than 25 years.
Energy Fuels Resources Corp. wants to process up to 500 tons per day of uranium and vanadium ore in southwestern Colorado's Montrose County.
Health officials said Wednesday that the conditions of the license require Energy Fuels to obtain proper permits and get the health department's approval of construction plans before building at the Pinon Ridge mill.
Energy Fuels also must post a $11 million financial warranty for decommissioning of the facility, deposit $827,590 in long-term care funds and submit a decommissioning funding plan.
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