ARMZ Service

"ARMZ is the world's fifth largest uranium producer with operating mines in Russia and Kazakhstan. During 2009, operations in which ARMZ is involved produced 12.1 million pounds of U3O8 (4,624 tons of Uranium). It is wholly-owned by State Atomic Energy Corporation "Rosatom", the Russian State Corporation for Nuclear Energy which consolidates all nuclear assets and controls all nuclear activities of the Russian Federation. In addition to its commercial activities, Rosatom also acts as the Russian government agent responsible for all activities related to the nuclear and atomic industries." An ARMZ News Release announced that it has purchased a 51% interest in Uranium One. Uranium One also owns the Ticaboo Mill and uranium mining interests in Utah.