Posted on 05/19/2024 8:07:32 AM PDT by Miami Rebel
Uranium producers including Cameco (NYSE:CCJ) and Denison Mines (DNN) are surging Friday following news that the U.S. government will ask companies to bid next month on contracts for as much as $3.4B of domestically produced nuclear reactor fuel.
(Excerpt) Read more at seekingalpha.com ...
I remember when the Clintons sold a uranium company to Russia
#metoo
“of domestically produced nuclear reactor fuel.”
LOL!!!! The Leftist judges will shut that idea down in New York Minute. After all, there’s a reason why all of our production moved overseas in the first place.
(but I know, Trump is too ‘Brash’, so can’t have him around to appoint pro-America judges, right NeverTrumpers?)
The uranium never left the US.
Three new uranium mines in the US began production at the end of last year. US mining company Energy Fuels opened the mines in Arizona and Utah in response to strong market conditions.
Biden approved $2.7 billion for uranium mining spending already passed by Congress. New mines were opened just last year and more will be forthcoming.
...just takes one judge. They’ll win, they ALWAYS do.
There is some minor amount of mining in the the USA, but no current processing.
https://www.eia.gov/uranium/production/quarterly/pdf/1stqtr_dupr_2024.pdf
Cameco’s Saskatchewan operation dwarfs everything going on in the USA right now.
The Regime always wants to shut down domestic production, and become dependent on imports. Because the Administrative State and connected insiders have more opportunity to manipulate and profit when everything is imported.
The short version of this story. In 2005, A Canadian businessman named Frank Guistra owned a company called UrAsia, which bought some very nice Uranium production JVs in up-and-coming producer Kazakhstan. Some suspect that Bill Clinton, who "just happened" to be in Almaty at the same time, was involved. What followed closely thereafter was an initial $32 million donation to the Clinton Foundation from Guistra, who had, up to then, met Clinton exactly one time - on a plane traveling to Kazakhstan.
In 2007, during the previous Uranium boom, UrAsia was taken over by Uranium One, another Canadian company, which had interests in USA uranium mines. After the merger/sale, Guistra supposedly severed his ties with Uranium One management and also pledged a further $100 million to the Clinton Foundation as part of a "Clinton-Giustra Sustainable Growth Initiative (CGSGI)" which other billionaires, like Carlos Slim of Mexico also contributed large $$ amounts to. In 2009, Russia's state-controlled business, ROSATOM, started to buy shares in Uranium One. By 2010, ROSATOM announced they would take a 51% ownership share of Uranium One. Because this involved US "strategic assets," this sale needed approval by the Committee on Foreign Investment in the United States, an intra-governmental agency that includes input from the Departments of State, Treasury, Justice, Energy, Defense, Commerce and Homeland Security, as well as the Office of the U.S. Trade Representative. The Chair of the Committee was Sec. of State - Hillary Clinton.
By 2013, ROSATOM purchased full control of Uranium One. It should be noted that ROSATOM had absolutely NO interest in the USA assets of the company, which were sold off, or shut-down. What it really wanted was the two large joint-ventures in Kazahkstan. A very strategic acquisition for Russia which is still playing out today.
Guistra and Ian Telfer (CEO of Uranium One) total donations to the Clinton Foundation eventually totaled $145 million.
Doesn’t Giustra have ties to Jeffrey Epstein?
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