State-‘Controlled’ Russian Company Set to Take Over Wyoming Uranium Mines

The Blaze

The Capitalists will sell us the rope with which we will hang them – Vladimir Lenin

The Nuclear Regulatory Commission has approved the license transfer of two Wyoming mines to a Russian company, despite concerns over national security raised by local and national government officials including senior House Republicans.

From the Telegram:

Two uranium mines in Wyoming are on their way to control by a Russian company now that the Nuclear Regulatory Commission has approved transferring the mines’ licenses.

The NRC last week approved the license transfer to a Russian company known as ARMZ which expects to obtain a controlling interest in Canadian-owned Uranium One by year’s end. Uranium One holds the licenses for a proposed uranium mine and an existing uranium mine in northeast Wyoming.

The approval comes despite concerns from local and national lawmakers. Bother groups worry that Wyoming’s uranium could in theory go overseas and serve against U.S. interests.

“The administration must maintain rigorous oversight of this project and ensure this transaction does not undercut America’s national or energy security,” Sen. John Barrasso, R-Wyo., said through a spokeswoman Tuesday.

In October, four U.S. House members sent a letter to Treasury Secretary Timothy F. Geithner to block the sale of the two Wyoming mines, citing national security concerns. According to the Wyoming Business Journal, “the sale would give the Russians control of up to 20 percent of the U.S. national uranium extraction capability along with a controlling interest in one of the nation’s largest uranium mining sites.”

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