Those U.S. facilities obtained by Russia produce almost nothing. The uranium deposits are of relatively poor grade and are too costly to compete on the uranium market. But the facilities do have good milling capacity to process ore, if anyone gives it to them, which hasn’t happened in about 10 years. Theoretically, they could process 20% of our ore, but that will never happen. Uranium One couldn’t give these facilities away.
Besides, Russia can’t export any uranium they produce in the U.S. They do not possess a Nuclear Regulatory Commission export license.
The real reason Russia wanted this deal was to give Rosatom’s subsidiary Uranium One's very profitable uranium mines in Kazakhstan ― the single largest producer of commercial uranium in the world.
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