US approval a step toward Russian company control of Wyoming uranium mines

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CHEYENNE, Wyo. - Two uranium mines in Wyoming are on their way to control by a Russian company now that the Nuclear Regulatory Commission has approved transferring the mines' licenses.

The NRC last week approved the license transfer to a Russian company known as ARMZ which expects to obtain a controlling interest in Canadian-owned Uranium One by year's end. Uranium One holds the licenses for a proposed uranium mine and an existing uranium mine in northeast Wyoming.

The transfer raised concern from Wyoming's congressional delegation, who said the uranium could in theory go overseas and serve against U.S. interests.

The NRC continues to prohibit exporting the uranium.

Organizations: Nuclear Regulatory Commission, Uranium One

Geographic location: Wyoming, U.S.

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Recent comments

  • Frank H
    December 05, 2010 - 11:57

    Seriously? Yeah, having a regulation in place ALWAYS keeps the law from being broken. I feel SO much better, now. (end sarcasm) I remember something I read years ago. If it's not a valid quote, then I apologize...otherwise, to the best of my recollection: "There will come a time when there will be vast reforms throughout the Soviet Union, and America will leap at the opportunity to become our friend. That is when we will crush them under our mighty iron boot." From the Lenin School of Marxism.

  • Walter M Reardon
    December 04, 2010 - 20:46

    I feel that this is a dangerus thing to do. The Russian's are helping the Iran Maybe North Koria too. Why do we help country's that will blow us up the first chanch they have? Thank you .