Part Two: The Lowdown on the Louisiana Energy Services Uranium Enrichment Facility

Which countries Source Uranium for New Mexico Facility Could?
We asked Ferland as the uranium might come from Kazakhstan, Niger, Namibia or elsewhere. He could not say where, "Again, it comes from the U.S. utilities. I'm sure the U.S. utilities will comply with whatever laws or regulations that are out there, about where the source material can come."
Julian Steyn shed some light on the subject, "The uranium that is sent to New Mexico LES plant for enrichment will probably come from many countries around the world, including USA, Canada, Australia, Niger, Uzbekistan and Kazakhstan. The latter country is fast becoming a major supplier. "
Is based on what is, can be enriched uranium come from anywhere. In fact, on January 27 this year, John Bors Hoff, managing director of the Australian-based Paladin Resources (TSX: PDN), announced securing a contract of sale of an unnamed American assistance for the purchase of more than 2 million pounds of U3O8 for delivery between 2007 and 2012. The uranium would come from the company's Langer Heinrich uranium mine in Namibia, which is scheduled to open in september. About thirty kilometers away is Rio Tinto Rossing uranium mine, where ironically the country of Iran remains are minority shareholders. Could be heading for future uranium enrichment facility in New Mexico? Namibian uranium As Ferland reminded us, "I do not know at this point." Ferland adds: "As far as LES is concerned, it is provided by the utilities on our website."
When we asked Uranium Producers of America Executive Director Jon Indall the LES entry in New Mexico, he told us, "They are welcome in New Mexico until the U.S. uranium they are enriching." Indall, a highly respected lawyer who is located in Santa Fe, is eager to help rebuild the U.S. uranium industry. We found his comments on Ferland, who responded, "There is very little uranium mined in the U.S. But I certainly hope that there will be, whether it's mined in Arizona, Colorado, Wyoming, New Mexico, or anywhere else. If the U.S. wants to be energy independent, and we want nuclear part of that, then we probably need some mines reopened in this country. "
Strathmore Minerals president David Miller was quick to respond, "We are on some of our uranium properties. By the time LES reached full capacity by the prefeasibility stage in 2013, we were able to produce more than two million pounds per year." Miller pointed out the speed of the permitting process will mainly determine how quickly his company exceeds two million production level. Other companies, developing real estate in New Mexico, Wyoming and Texas, would also contribute between one and two million pounds of uranium in the years prior to reaching the National Enrichment Facility of full capacity.
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