Commodities and Futures News
Biden to name new monument restricting mining near Grand Canyon
2023.08.08 01:15
© Reuters. FILE PHOTO: U.S. President Joe Biden walks from Marine One to the presidential motorcade following a weekend at Camp David, at Fort Lesley J. McNair in Washington, D.C., U.S., July 16, 2023. REUTERS/Sarah Silbiger/File Photo
ABOARD AIR FORCE ONE (Reuters) – U.S. President Joe Biden on Tuesday plans to name a new federal monument covering nearly 1 million acres (405,000 hectares) near the iconic Grand Canyon in Arizona, a move that will likely restrict new mining activity in the uranium-rich area.
Biden’s climate adviser, Ali Zaidi, made the announcement during a briefing for reporters traveling aboard Air Force One.