Guess what? Our recent investigation shows the uranium to be enriched in the LES/Urenco proposed enrichment facility in Lea County, New Mexico may come neither from uranium properties in New Mexico nor anywhere else in the United States. Just as New Mexicos nuclear/uranium mining renaissance was ready to get underway, a deal may have already been cut to enrich uranium mined in a foreign country. Louisiana Energy Services (LES), through the consortium’s general partner Urenco Ltd., may have struck a deal with Canadian-based Cameco Corp. Will this uranium come from Canada or Kazakhstan?
According to New Mexico State Senator Carroll H. Leavell, the uranium ore to be enriched at the facility near Eunice, New Mexico facility would be coming from outside the United States. Senator Leavell told StockInterview, The uranium ore will be coming out of Saskatchewan. When we asked if the uranium to be enriched in New Mexico would come from the Athabasca Basin, an area hosting the worlds richest grades of uranium and which is also located in northern Saskatchewan, Senator Leavell claimed he wasnt sure where the Athabasca Basin was. But he told us that Urenco Ltd informed him the...
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