Now this is good for security

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From The Blaze:
State-�Controlled� Russian Company Set to Take Over Wyoming Uranium Mines
The Nuclear Regulatory Commission has approved the license transfer of two Wyoming mines to a Russian company, despite concerns over national security raised by local and national government officials including senior House Republicans.

From the Telegram:
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 approval comes despite concerns from local and national lawmakers. Bother groups worry that Wyoming�s uranium could in theory go overseas and serve against U.S. interests.

�The administration must maintain rigorous oversight of this project and ensure this transaction does not undercut America�s national or energy security,� Sen. John Barrasso, R-Wyo., said through a spokeswoman Tuesday.

In October, four U.S. House members sent a letter to Treasury Secretary Timothy F. Geithner to block the sale of the two Wyoming mines, citing national security concerns. According to the Wyoming Business Journal, �the sale would give the Russians control of up to 20 percent of the U.S. national uranium extraction capability along with a controlling interest in one of the nation�s largest uranium mining sites.�
Are people in Washington just that stupid? Sure seems like it. Out of touch with reality...

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This page contains a single entry by DaveH published on December 3, 2010 1:18 PM.

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