Skip to content
Subscriber Only

Russian Company Gets Wyoming Uranium Mine, Lacks Export License

A Russian company that took control of uranium mines in Wyoming is barred from exporting produced material and executives at U.S.-based subsidiaries will remain in charge, according to a Nuclear Regulatory Commission report.

ARMZ, the uranium-holding unit of Russia’s state-owned nuclear-energy group Rosatom Corp. in Moscow, announced a partial takeover of Uranium One Inc. of Vancouver, Canada, this year. U.S. agencies including the Nuclear Regulatory Commission approved the deal.