By year’s end, the Russian mining company Atomredmetzoloto (ARMZ) will have a controlling stake in the Canadian company Uranium One. When that happens, the town of Ticaboo, the Shootaring Canyon uranium mill a few miles up the highway, and more than 10,000 acres of uranium claims in Utah and holdings in South Dakota, Wyoming and Texas will be in the portfolio of ARMZ’s parent company, Rosatom, the Russian nuclear agency, which last month provided fuel for Iran’s nuclear power plant.
The pending sale is stirring up interest everywhere from Ticaboo’s dirt driveways to the shiny corridors of the U.S. Capitol, where four members of Congress last week said the deal might threaten national security and should be stopped. The Salt Lake Tribune
