Uranium Energy to take over Uranium One

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  • ericc
    SBR Hall of Famer
    • 08-05-08
    • 8278

    #1
    Uranium Energy to take over Uranium One
    Uranium Energy (UEC) has agreed to acquire Uranium One Americas (U1A) in a deal that will result in the formation of the largest US uranium mining company.

    Uranium Energy has agreed to acquire Uranium One Americas, which will result in the formation of the largest US uranium mining company.


    The company is a unit of Canadian uranium company Uranium One, which itself is a part of Russia’s state atomic energy firm Rosatom and is said to be the fourth-largest uranium producer worldwide.





    In November 2017, Shepard Smith of Fox News described President Trump's accusations against Clinton regarding Uranium One "inaccurate in a number of ways." Smith said that the sale of Uranium One was "not a Hillary Clinton approval" but instead a unanimous decision by the nine cabinet-level department heads of the Committee on Foreign Investment in the United States (CFIUS), approved by the president and with permits issued by the Nuclear Regulatory Commission. Smith added that "most of the Clinton Foundation donations" came from Frank Giustra, who said he "sold his stake in the company" three years before it was sold to Russia. Lastly, Smith noted that "none of the uranium was exported for use by the U.S. to Russia." https://en.wikipedia.org/wiki/Uranium_One_controversy
  • Foxx
    SBR Hall of Famer
    • 05-25-11
    • 5831

    #2
    I wonder how the Uranium people feel about this development.
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