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In 2013, ARMZ paid roughly $2.8 billion for the remaining 48 percent and full control of Uranium One. Finally, in that same year, Rosatom assumed direct ownership of the company, reorganizing it under Uranium One Holding (U1H) and delisting it from the Toronto stock exchange.
Among U1H’s assets are a handful of US projects and exploration tracts. The most advanced among them are Jab and Antelope, Moore Ranch, and Willow Creek – all of which are in Wyoming, developed under the auspices of Uranium One USA and Uranium One Americas. The Willow Creek project is their only currently active operation.
So, to further answer the lead question: Russia, via Rosatom and U1H, owns roughly 20 percent of US uranium production capacity. The share of US reserves is much less clear as economic constraints significantly muddy the picture. Looking at actual production, U1H, via Willow Creek, produced an estimated 210 tons of uranium, or 11 percent of the 1887.5 tons extracted in the US in 2014.
Still, it’s somewhat disingenuous to say this uranium is now Russia’s, to do with what it pleases, or to suggest that any amount of the uranium will end up in Iran. The current licenses – held by the US-based subsidiaries and approved by the US Nuclear Regulatory Commission – do not allow exports from any U1H US facility.
The truth is, the US uranium industry as its currently built isn’t all that American. In fact, it’s mostly Canadian. Qualms over perceived threats to national security are misplaced, though not entirely dismissible. The deal further illustrates an already pronounced trend of the decline of US nuclear capabilities and influence at all stages of the nuclear fuel cycle.
Post-Fukushima – and post-shale gas revolution – US nuclear employment has fallen more than 34 percent and exploration and development drilling is down over 80 percent. Relatively low-grade uranium and low global prices stunt the value of US mines in the short- to medium-term. Further out, stricter regulation and a heavier reliance on the private sector, limit the industry’s potential abroad relative to its competitors.
Perhaps more importantly, the deal speaks to Rosatom’s aggressive new growth. Already the world’s most comprehensive nuclear services vendor, Rosatom is now one of the top three producers of uranium by volume worldwide. For the most part, the prize was Kazakhstan and not the United States, which is a symbolic victory at best.
The US Nuclear Regulatory Commission issued a licence to Uranium One Americas for Moore Ranch in October 2010, to start production in 2012, but development is suspended. Uranium One’s additional projects in the Powder River Basin, including Ludeman, Allemand-Ross, Barge (1770 tU), Pine Tree and Ross Flats could also be developed as satellite operations with final processing through the Irigaray central plant.
Uranium One has some 4000 tU as measured resources (2235 t at Moore Ranch) and 23,000 tU as indicated resources in the state. Ludeman is quoted with 4200 tU total resources (NI 43-101). It also had plans for production from Antelope and JAB in the Great Divide Basin, but these were deferred due to endangered species concerns. Uranium One deposits in the Great Divide Basin of Wyoming are Antelope, JAB, Twin Buttes, Crooks Creek, Bull Springs, Stewart Creek, Cyclone Rim and West JAB.
In 2016 Uranium One sold 24 Wyoming properties in the Black Hills, Powder River Basin, Great Divide Basin, Laramie Basin, Shirley Basin and Wind River Basin areas to Anfield Resources for $6.55 million.
originally posted by: the2ofusr1
a reply to: Gryphon66
So you are saying it wasn't a Russian bribery plot but a ...CANADIAN... bribery plot ? ... You might be right . I don't trust some of our Canadian actors in business and politics ...
I edited my post
I said what I said. I didn't comment on the FBI investigation. Nice attempt at deflection though.
www.thenewamerican.com... I thought Wikileaks was a Russian operation ...wtf
The latest release late last week by Julian Assange at WikiLeaks of a 2009 State Department cable to the Russians raises fresh questions about the objectivity of Special Counsel Robert Mueller (shown), the man named to investigate any possible “collusions” between the presidential campaign of Donald Trump and the Russians. In 2009, then-Secretary of State Hillary Clinton directed FBI Director Mueller to deliver a sample of Highly Enriched Uranium (HEU) to Russia. The uranium had reportedly been stolen. It seems particularly odd, considering that the FBI is not under the supervision of the State Department, and that the FBI director would personally make the transfer. Assange released the controversial cable on May 17, the same day that Deputy Attorney General Rod Rosenstein tapped Mueller as an “independent” counsel to investigate any supposed Trump-Russian ties.
originally posted by: spiritualzombie
Curious why Trump supporters are discussing the FBI in such a manner. It gets confusing to understand when the FBI is fake and the entire Intelligence Community is a hoax and when they should be trusted. I’d like to understand that disconnect.
Is there a general rule to follow that helps Trump supporters know when to trust the FBI? Can someone send me the decoder ring so I can follow along?
originally posted by: spiritualzombie
a reply to: GuidedKill
Help me understand the existence of this thread. Help me understand when how this is not fake news... it has all the hallmarks... FBI and Russia... it’s confusing. I want to follow along but I thought FBI is fake news along with any assessments backed by the entire intelligence community. And like you just said, you don’t trust any government so... doesn’t that make this fake news? I don’t get it.
Is there a general rule to follow that helps Trump supporters know when to trust the FBI? Can someone send me the decoder ring so I can follow along?
originally posted by: Gryphon66
a reply to: spiritualzombie
Now now, don't turn their own conflicted logic back on them ... they may implode.
... sources told The Hill.
originally posted by: spiritualzombie
a reply to: Gryphon66
Lotta whiplash. I want to get on board, but if I believe this FBI thing I might accidentally believe the FBI on other things.
originally posted by: Grambler
originally posted by: Gryphon66
a reply to: spiritualzombie
Now now, don't turn their own conflicted logic back on them ... they may implode.
Hahaha!
You guys are too much!
So now you erect the straw man that the fbi is always lying and therefore this must be a hoax.
Sweet. Then clearly you have no problem into a special investigator hiring a bunch of trump donors looking into all of this, and the hillary email scandal.
Great to have you on board!