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BACKSTORY REFERENCE----Uranium company deal nearly done;
Utah town and mill part of sales pkg to subsidiary of Russian nuclear agency
By Judy Fahys / The Salt Lake Tribune / December 13, 2010 / FR Posted on 4/3/2018, 11:52:50 AM by bitt
A Canadian mining company is close to finalizing a deal that will give a Russian company controlling interest in its uranium operations, which include a Utah town, a uranium mill and thousands of acres of claims.
In October, four members of Congress urged the U.S. Treasury Department to block plans by Uranium One to sell majority ownership to the mining company, Atomredmetzoloto (ARMZ), whose parent company is Rosatom, the Russian nuclear agency, to protect national security. Since then, the Treasury Department has approved Uranium One's plans, as has the U.S. Nuclear Regulatory Commission and the Utah Division of Radiation Control. (Excerpt) Read more at archive.sltrib.com ...
SOURCE http://archive.sltrib.com/article.php?id=50850101&itype=cmsid
Sweet and short... Thanks Liz:
BACKSTORY REFERENCE——Uranium company deal nearly done;
Utah town and mill part of sales pkg to subsidiary of Russian nuclear agency
By Judy Fahys / The Salt Lake Tribune / December 13, 2010 / FR Posted on 4/3/2018, 11:52:50 AM by bitt
A Canadian mining company is close to finalizing a deal that will give a Russian company controlling interest in its uranium operations, which include a Utah town, a uranium mill and thousands of acres of claims.
In October, four members of Congress urged the U.S. Treasury Department to block plans by Uranium One to sell majority ownership to the mining company, Atomredmetzoloto (ARMZ), whose parent company is Rosatom, the Russian nuclear agency, to protect national security. Since then, the Treasury Department has approved Uranium One’s plans, as has the U.S. Nuclear Regulatory Commission and the Utah Division of Radiation Control. (Excerpt) Read more at archive.sltrib.com ...
SOURCE http://archive.sltrib.com/article.php?id=50850101&itype=cmsid