|
REPORT ABUSIVE REPLY
|
|
Message Subject
|
Rio sells African uranium mine to China
|
|
Poster Handle
|
ConcreteBrunette |
|
Post Content
|
[ link to on.ft.com (secure)] Rio Tinto has agreed to sell its controlling stake in the Rössing uranium in Namibia to a state-backed Chinese company, marking the latest sale of an unwanted asset by the Anglo-Australian group. Rio could pocket as much as $106.5m from the sale of its 69 per cent stake to China National Uranium Corporation (CNUC) depending on the profitability of the mine and the price of uranium between now and 2025. The nuclear fuel has been one of the best performing commodities of 2018, rallying 45 per cent from its April low, boosted by a string of mine closures. This has forced producers to buy uranium in the spot market to fulfil long-term sales contracts. Most people think Uranium is for nuclear weapons, which it can be but that is not why Uranium is such a hot commodity with China, Russia, etc., Uranium is very necessary to continue the AI they have built underground that wraps around the whole planet! It is very expensive to keep AI going & it is not complete. IT takes alot of Uranium & very fine Uranium which there seems to be a lot if in U.S. & why Russia wanted it so badly. Remember what Putin said, "whoever controls AI, controls the world. "All human trafficking and weapons sales etc., goes for paying for AI & underground cities,& they are all in on it,ww3 will be fake. So I am not surprised to hear this but please understand nuclear war is not the threat, it is the AI they are building around the world. In fact I don't think it is "allowed" to go nuclear, it is more about keeping us "fearful" of it.
|
|
|
Please verify you're human:
|
|
|
Reason for reporting:
|
