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MALCO Acquisition to Help Expand Uranium One???s Project

Uranium One, Inc., a Canadian uranium producing company, entered into an agreement to acquire 100% interest in MALCO, a uranium joint venture company.

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MALCO Acquisition to Help Expand Uranium One???s Project

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  1. MALCO Acquisition to Help Expand Uranium One’s Project Portfolio in Wyoming

  2. Uranium One, Inc., a Canadian uranium producing company, entered into an agreement to acquire 100% interest in MALCO, a uranium joint venture company. The Company has a diversified portfolio of uranium assets located in Kazakhstan, the United States, Australia and South Africa. MALCO, which is a joint venture company formed by AREVA and EDF owns uranium resources and processing facilities in Wyoming, USA. The transaction is expected to close during the first half of 2010 and is subject to regulatory approvals including US Nuclear Regulatory Commission, Wyoming Department of Environmental Quality, Texas Commission on Environmental Quality and the Committee on Foreign Investment in the United States. Acquisition of existing and licensed uranium production facilities of MALCO in Wyoming region will help diversify the permitting and construction risk related with the development of Uranium One’s own central uranium production plan. This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below: http://www.researchviews.com/energy/power/uranium/Viewpoints.aspx?sector=Uranium&DocID=8936 Access the latest Uranium analysis for free at http://www.researchviews.com

  3. About ResearchViews.com ResearchViews is your number one portal for industry related news, research, analysis and deals data. ResearchViews offers up to the minute content produced by an expert team of industry analysts. All content on the site is free to view and allows users to keep up to date with the latest developments in their chosen industry. Free daily and weekly newsletters provide a snapshot of the major issues affecting the industry. The site also features a research store, providing the user with access to premium business intelligence from some of the world's leading market research publishers. Contact Information: Rajesh Gunnam rgunnam@globaldata.com +914066166782

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