Free Republic

Ticaboo • Syd Auster’s father flew fighter jets to protect American soil, including this dusty company town off a two-lane road to Lake Powell. But soon the same mineral-rich landscape that Auster’s dad safeguarded decades ago will be largely owned by the country he once guarded against. By year’s end, the Russian mining company Atomredmetzoloto (ARMZ) will have a controlling stake in the Canadian company Uranium One. When that happens, the town itself, the Shootaring Canyon uranium mill a few miles up the highway, more than 10,000 acres of uranium claims in Utah and holdings in South Dakota, Wyoming and...

Wyoming’s Washington delegation is concerned about the proposed transfer of three Powder River Basin uranium facilities into the hands of a Russian company. The Powder River Basin uranium facilities have been pulled into the Iran nuclear debate on Capitol Hill with a deal that would transfer the controlling interest of Canadian-owned Uranium One to the Russian company JSC Atomredmetzoloto. The company now owns 23.1 percent of Uranium One’s common stock and is seeking a controlling 51 percent share. Commonly known as ARMZ, the company is controlled by Russia’s state agency that oversees its nuclear industry. The agency has supplied uranium...

Four leading House Republicans, citing national security concerns, are urging Treasury Secretary Timothy F. Geithner to block the sale of a Wyoming-based uranium mine to an arm of the Russian government's main nuclear agency. The lawmakers are raising alarm over the proposed sale of a Powder River Basin, Wyoming-based uranium processing facility operated by Uranium One USA, a Canadian-based company, to Atomredmetzoloto, a subsidiary of the Russian government agency Rosatom, according to a letter obtained Tuesday by The Washington Times. The sale was first announced on Aug. 31, and the lawmakers claim that it could give Moscow control of up...