Foreign Ownership Issues Could Be Toxic to Uranium Companies' Mining Plans

The Atomic Licensing Board Judges Panel hearing that was scheduled for March 24, 2009 in Rapid City, SD was canceled due to a blizzard. The meeting should be rescheduled in the next three weeks; a posting will appear on the NRC website at www.nrc.gov/public-involve/public-meetings/index.cfm.

The Foreign Ownership issue is raised by petitioners challenging the Cameco, Inc. license renewal and expansion for the Crow Butte Uranium Mine and its North Trend expansion plan near Crawford, Nebraska. Powertech, Inc. plans to send representatives to the hearing since they are also a foreign owned corporation based in Canada who has applied to the US Nuclear Regulatory Commission for an ISL mining license in the Edgemont area. The EPA is sending officials to the hearing as well.

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