Wednesday, December 3, 2014

Iran Uranium Partner Could Get Gift From Lame-Duck Congress

MCCAIN 

 

WASHINGTON -- Congress may use must-pass legislation in the next two weeks to slip through a controversial land deal that would help a company that jointly owns a uranium mine with Iran, sources told HuffPost.
The company, the international mining conglomerate Rio Tinto, has been trying for nearly a decade to acquire 2,400 acres of the federally protected Tonto National Forest in southeast Arizona -- land that sits atop a massive copper deposit.
Under legislation offered in the House and Senate, the company's subsidiary, Resolution Copper -- which Rio Tinto co-owns with another international mining giant, BHP Billiton -- would get land originally set aside during the Eisenhower administration to conserve the environment and protect sacred Native American sites.
The deal foundered in the mid-2000s when then-Rep. Rick Renzi (R-Ariz.), who was convicted in 2013 on charges of conspiracy, racketeering and a number of other felonies, tried to use it to score his own real estate windfall. It has since run into opposition from Native Americans, conservationists and people concerned about the company's ties to Iran.
The Iran link comes from Rio Tinto's Rossing uranium mine in Namibia, in which Tehran owns a 15 percent stake. That connection hasn't bothered many members of Congress, but the linkage has become more important in recent years as legislators have ratcheted up their rhetoric against Iran and called for even tighter sanctions to stop the Islamic Republic from becoming a nuclear power.
READ MORE:http://www.huffingtonpost.com/2014/12/02/rio-tinto-iran_n_6255706.html

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