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Uranium Plant, Beset by Trouble, Is Closing

November 24, 1992| Associated Press

GORE, Okla. — Sequoyah Fuels Corp. said Monday it is closing a uranium processing plant that has been ordered shut three times in the last six years.

President Joe Sheppard said the company could no longer afford rising costs related to regulatory demands and couldn't compete with foreign companies that, he said, aren't under the same scrutiny.

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