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US uranium mine- how Russia gained control

How Putin’s Russia Gained Control of a U.S. Uranium Mine, Bloomberg, 24 Apr 15  by  Since 2013, the nuclear energy arm of the Russian state has controlled 20 percent of America’s uranium production capacity.

Rosatom’s acquisition of Toronto-based miner Uranium One Inc. made the Russian agency, which also builds nuclear weapons, one the world’s top five producers of the radioactive metal and gave it ownership of a mine in Wyoming.

The deal, approved by a committee that included then Secretary of State Hillary Clinton, also followed donations from Uranium One’s Canadian chairman to the Clinton Global Foundation, the New York Times reported on Thursday.

 In an interview with Bloomberg News, Ian Telfer, the former Uranium One chairman and current chairman of Goldcorp Inc., said he pledged a donation of $3 million to the Clinton charity in March 2008, “when it was never contemplated that at some point in the future the Russian government would become a major shareholder of Uranium One.”……

Rosatom gained full control of Uranium One in early 2013.

Rosatom styles itself as Russia’s national nuclear corporation and today Uranium One is its international mining arm. As well as Willow Creek and the Kazakhstan assets, it owns mines in Australia and has exploration assets in Africa and the U.S…….http://www.bloomberg.com/news/articles/2015-04-23/how-putin-s-russia-gained-control-of-a-u-s-uranium-mine

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April 25, 2015 - Posted by | politics international, USA

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