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Fuels the largest year-round employer in the county. This level of employment remains steady throughcut the year and is not suhject to the seasonal fluctuations that characterize the skiing and other recrea- tional industries in the area. Three Hundred Thirty-Eight (338) of the Company's employees are repre- sented by the United Mine Workers of America under a forty-month collec- tive bargaining agreement dated December 6, 1977. Energy Fuels enjoys a good relationship with its local bargaining unit and was successful in concluding its current contract without the loss of a single man-hour. In addition, Energy Fuels has never, in its 17-year history, experienced any of the wildcat strikes or walkouts that have been so prevalent in the eastern United States. Over 135 of the 465 employees, or 29%, have been residents of Routt County for ten years or longer. They come from neighbcring farms, ranches and communities to provide a stable and dedicated work force. Labor turnover is minimal and job applications constantly exceed the • employed work force by at least 400%. Energy Fuels is sensitive to the socioeconomic impacts that coal mining has on the rural life of Routt County. Coal mining, farming and ranching have been closely related since before the turn of the century. Today, a large percentage of Energy Fuels' miners, as their grandfathers before them, mine coal to supplement their incomes from farming and ranching activities. Taxes paid to Routt County for calendar year 1978 amounted to approxi- mately $556,000. For the same year, production of coal from existing Federal leases resulted in royalty payments of $537,046.06 to the Federal Government. Energy Fuels has recognized the need to train skilled personnel from local manpower resources. Thus, the Company has embarked upon an em- ployee training program that has the following three objectives: -9-