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Politics

Uranium One was a Canadian company. sm - anony

Posted: Oct 31st, 2017 - 12:11 pm In Reply to: This writer conveniently leaves out where that "insignificant - amount" of uranium is ending up.

Paraphrasing the article:  Russia wanted this deal was to get the profitable uranium mines in Kazakhstan.  The US facilities obtained by Russia produce almost nothing. The uranium deposits are of relatively poor grade and are too costly to compete on the uranium market. But the facilities do have good milling capacity to process ore, if anyone gives it to them, which hasn’t happened in about 10 years. Theoretically, they could process 20% of our ore, but that will never happen. Uranium One couldn’t give these facilities away.  Russia can’t export any uranium they produce in the U.S. They do not possess a Nuclear Regulatory Commission export license.



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