The US Committee on Foreign Investment, which includes the attorney general, the secretaries of the Treasury, Defense, Homeland Security, Commerce and Energy, and the secretary of state, were charged with reviewing the deal that would give Rosatom a majority stake because uranium is “considered a strategic asset with implications for national security,” according to The Times.
The concern was American dependence on foreign uranium. ...while the US “gets one-fifth of its electrical power from nuclear plants, it produces only around 20% of the uranium it needs, and most plants have only 18 to 36 months of reserves.”
Despite claims by Russia that the country didn’t intend to increase its stake in Uranium One or take the company private, ARMZ — the subsidiary of Russia’s atomic energy agency — took over 100% of the company and delisted it from the Toronto Stock Exchange in January 2013.
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Wonder if Hillary resigning as State Sec (announced end 2012; last day Feb 3, 2013) and the reorg of the Clinton Foundation to the Bill, Hill, and Chelsey Doundation had anything to do with the above event?
Very glad to hear Mark make that point earlier.