MudGutsYou asked:Would it be fair to conclude (playing devils...

MudGuts

You asked:
Would it be fair to conclude (playing devils advocate here) that the USA uranium will be for the USA as I don't recall an application for Uranium export in the mix of the current approval process. I don't know how long or complicated this would be to obtain.

I don't see that PEN would need an export permit. PEN would produce yellow cake (most likely UO4). They would have a contract with a utility supplier for the product. Before the utility supplier can use the product it needs to go through a number of refining stages to get to nuclear fuel. PEN would deliver the product to the refiner and get paid for that product. The end fuel product is what is sent to the utility and that is done after refining.

In Australia, an export permit is required as there are no refiners in Australia and so the UO4 is exported. Not so for USA as there are refiners in the USA.