China And Russia Form Uranium Partnership

China and Russia are teaming up for a joint uranium mining project in Western Russia.

The ARMZ Uranium holding subsidiary of Russian state owned energy giant Rosatom will be partnering with the Russia-China Investment fund (RCIF) on the $325 million project in the Zabaikalsky region.

The Priargunsky Industrial Mining and Chemical Union will reportedly own 51% of the new project, while ARMZ will hold the remaining 49%. The majority of the financing will come from the China National Nuclear Corporation with a $282 million investment, while the RCIF will put up the rest. 

The mine has a total reported reserves of 40,000 tons of uranium ore, with an annual capacity of 850,000 tons expected - and will break ground by 2023. 

China is the first foreign country allowed to invest in Russian uranium mining, which the Kremlin has been aggressively pursuing as part of a "uranium dominance strategyuncovered by undercover FBI whistleblower William D. Campbell, who supplied the agency with information from the highest levels of Russia's nuclear industry.

The strategy included the purchase of Canadian-based Uranium One, which gave the Kremlin rights to 20% of American yellowcake uranium. 

Campbell told lawmakers the purchase of the Uranium One assets and the securing of billions of new uranium sales contracts inside the United States during the Obama years were part of the “Russian uranium dominance strategy.” -The Hill

Campbell, despite being severely ill with cancer, testified before Congress about his undercover work - telling them of a scheme to route millions of dollars to the Clinton Global Initiative (CGI) through lobbying firm APCO, which was expected to funnel a portion of its annual $3 million lobbying fee to the charity. 

“The contract called for four payments of $750,000 over twelve months. APCO was expected to give assistance free of charge to the Clinton Global Initiative as part of their effort to create a favorable environment to ensure the Obama administration made affirmative decisions on everything from Uranium One to the U.S.-Russia Civilian Nuclear Cooperation agreement.“ -William Campbell

Officials with APCO - the lobbying firm accused of funneling the money to the Clinton Global Initiative, told The Hill that its support for CGI and its work for Russia were not connected in any way, and involved different divisions of the firm. 

Meanwhile, Russia's Rosatom expects to sign foreign contracts worth $26 billion in 2018 for the construction and maintenance of nuclear power plants in India, Iran, Egypt, China and several other countries - including 16 plants in Saudi Arabia. 

Comments

Rapunzal Wed, 03/14/2018 - 23:34 Permalink

It’s all a kabuki theater, the elites from all countries are against the middle classes of all countries.

all war rattling is just the depopulation agenda.

 

the Chinese, American, European, Russian etc. elites work all together.

 

The trade war and hot war cries are just created to fool the sheeple into another slaughter house.

 

it seems they will succeed again.

HRClinton Rapunzal Wed, 03/14/2018 - 23:36 Permalink

Re " all war rattling is just the depopulation agenda. "

As long as they use the right Criteria to depopulate, it's all good by Mother Nature.

If you stop being bleeding Libtards or or mindless Buybull vassals, then these might be good criteria to use:

Murderers, Drug dealers, Human traffickers, Moneychangers, Spies, Lobbysists, diseased by heritable DNA defects, sub-80 IQ, >85, ban extreme medicine, provide only basic care and pain management for terminally ill. You'd reduce the population from 8B, down to 4B or less.

In reply to by Rapunzal

Luc X. Ifer HRClinton Wed, 03/14/2018 - 23:47 Permalink

Correct. The long due and badly needed Great Culling is fast approaching. What the fuck you want people, you want for your kids - in case you are smart enough and prepared to survive and thrive, a planet scale slum like Bombay or a planet reset which enables the nature to clean-up itself?! It is ludicrous to not observe that without culling more than 90% of the humans this is the fast approaching future, a Calcutta-like slum on a planetary scale.

http://infocus.gettyimages.com/assets/images/post_image/464/461948087__…

 

In reply to by HRClinton

Luc X. Ifer Rapunzal Thu, 03/15/2018 - 00:20 Permalink

There is no more such thing like healthy middle-class. The former middle-class of the West is now a population of highly indebted overworked poor bodily and poor mentally healthy human cattle.

The modern aristocracy needed a healthy middle class for themselves to thrive before finding the globalization wealth transfer scheme and now with the arival of the full automated AI driven ecosystem - the former middle-class are just a useless burden obsolete old just grazing and shitting troublemakers only cattle.

In reply to by Rapunzal

Thom Paine Wed, 03/14/2018 - 23:49 Permalink

I don't understand.

So the additional 810,000 annual capacity will be dirt?

The mine has a total reported reserves of 40,000 tons of uranium ore, with an annual capacity of 850,000 tons expected - and will break ground by 2023. 

Alananda Thu, 03/15/2018 - 00:02 Permalink

ALERT! Veterans Today -- hard on The Donald, gave Hitlery a free ride during the (s)election of POTUS 2016 -- has yet to mention or deal with URANIUM ONE, The Clinton Global Initiative pay-to-play!!  Bad cop Gordon Duff and good cop Jim W. Dean have not responded to numerous calls from "allowed posters" or FaceBook input.  WHY NOT?? 

According to seemingly reliable accounts, the Clintons got good $$ for selling away 20% of US uranium resources.  Fine.  Have at it!  AND, the silence of VT -- which speaks to micro-nukes and nuking of WTC 1 and 2, nukes set off in the M.E. by Israel -- surely to GOD VT exposes itself as an "Alex Jones" kind of disinfo op.

I would sure welcome any comments to the contrary!  VERY disappointing.

Full disclosure:  I voted for NOBODY for POTUS 2016.  And, nobody won.

soyungato Thu, 03/15/2018 - 00:24 Permalink

Theresa May's 'Novichok' Claims Fall Further Apart

The British government claims that 'Novichok' poisons, developed 30 years ago in the Soviet Union, affected a British double agent. Such substances may not exits at all.

The 'whistleblower' for the 'Novichok' program and poisons published some chemical formulas that should enable any decent laboratory to reproduce them. But neither the existence of the claimed program nor the existence of the alleged substances were ever accepted by the scientific community.

The highly constructed drama around the alleged poisoning of a British double agent Skripal and his daughter has thus turned into a surreal play. The British government has so far given no evidence that the Skripal's were poisoned at all, or were poisoned by someone else. No detailed medical bulletin was published. The British accusations against Russia lets one assume that a suicide attempt has been excluded. Why?

There is no independent evaluation of the alleged poison. The British government claims that its own chemical weapon laboratory at Porton Down, only a few miles from where the incident happened, has identified the poison as one of the 'Novichok' chemicals.

But in 2016 a leading chemist at Porton Down published a piece in a scientific journal that denied that such chemicals exist. (Tim Hayword and Craig Murray both point this out):

Charvo Thu, 03/15/2018 - 00:25 Permalink

I foresee huge issues with China and Russia.  I think Trump could nationalize the uranium one assets in a move to really piss off Russia.  What the USA has is a land that still has plenty of natural resources.  USA hasn't been gutted out.  China, on the other hand, has destroyed its land in its journey to become the manufacturing king of the world.  China has a lot of treasury paper, but I give it a coin flip that some war event happens that gives Trump the ability to nullify any treasury debt that China owns.  The dollar will take a massive nose dive, but the country will survive long-term and be more self-sufficient while China will be left with a pile of treasury debt paper that no longer has value.  This would be a selective default based on geopolitical events.

PitBullsRule Thu, 03/15/2018 - 00:43 Permalink

How can you expect 850K tons of annual output and only have 40K tons of reserve? You would burn up your reserve in about 2 weeks. This article makes no sense.

Cameco, the worlds largest producer, has 229K tons of reserves. They produce 16% of the worlds output, and their stock has been dropping for 11 years. It fell today, it will fall tomorrow, and it will keep falling for years! Cameco is desperate for new buyers, they would sell to the Chinese, the Russians, they would sell to Adolph Hitler if they could. There is no shortage of Uranium, there is a shortage of people that want nuclear power. This is another anti-Hillary fantasy article.

But why do you bother? The old bag lost, she's too old to run again! She's history! She's just a rich old cunt that will die soon! She'll be dead in a few years. Why do you give a fuck about her? No one else does! Get on with your life man, get over that old bag!

Savvy Thu, 03/15/2018 - 00:56 Permalink

If NATO manages to foist an unwanted war on Russia, China will wait in the wings to see who emerges alive.

The US is it's own worst enemy.

EternalAnusocracy Thu, 03/15/2018 - 02:03 Permalink

Bullshit.

 

China is a rogue war-mongering nation that does not respect other nation's sovereignity.  Also, it spies on its own citizens, does not respect its minorities, is very harsh on its Muslim population, its police are violent thugs and the government is full of billionaires, and most of its wealth is owned by less than 1% of its population.  It thinks its is some special exceptional nation and can just create its own rules.  

I am blessed to be living in the USA where I am free! 

Gravatomic Thu, 03/15/2018 - 02:37 Permalink

Analytical comments expected. Oh Uranium, the USA had it but the hill bill gave it all away. Uranium 1. SHUT THE FUCK UP!! NEWS! Uranium is not as precious as you think, there's more than gold of it! Russia and Canada have more than both countries can use. The reason Uranium 1 was sold is up to you dumb fucks to figure out, but it has to do with the receiving country's ability to process it, which Russia and Canada are adept at and have facilities to refine it. Why oh why do you dumb fuck yanks think that they have nukes because of the Uranium 1 sale?

ExPat2018 Thu, 03/15/2018 - 03:15 Permalink

America will never become Great with a population of 90 percent retards .  Many believe Africa is a country and don't realize that Russia has 9 times zones and that the entire lower 48 states could fit into the Sahara desert.

Many are so fucking ignorant they cannot even point to Montana on a map of their own country.

ExPat2018 Thu, 03/15/2018 - 04:05 Permalink

Who is the biggest Bozo?  Trump or Boris Johnson.

Intelligent people want to know.

Trump is a con man who has broken many agreements to enrich himself

This is the Modus Operandi of the Useless Snakes.

Do not EVER trust the USA.  The world is starting to wake up.

mosfet Thu, 03/15/2018 - 04:27 Permalink

Is this gonna finally wake up my URA ETF?  Been holding it for ages around break-even.  I hear miners are selling for $20/lb at a mining cost of $6o/lb so I'll stick it out a year or two more.

SteveK9 Fri, 03/16/2018 - 06:50 Permalink

Uranium is everywhere nitwits (vast amounts in Canada, Australia, and much more to find when humanity gets around to looking for it).  There is no 'Uranium Dominance' strategy.  That's just another fever dream of our vaunted 'intelligence community'.