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Cash Flowed co Chinran Foundation Amid Russiun Uraniwm Deat-N.hr:/iwww.rytanes.con201s/0ewus/cash-Nowed-o-clintoo-foune.. The Power to Say No. When a company controlled by the Chinese government sought a sx percent stake in a tiny Nevada gold mining operation in zooo, it set off a secretive. review process in Washington, wnere omeiaks raised concenns primarily about the mine's proximity to a military iostallation, but also about the potential for minerals at the site, ineluding araninm, to come ander Chinese control. The ofncials killed the deal. Such is the power ot the Committee on Foreign Investment in the United. States. The committee comprises some of the most powerfal members of the cabinet, ineluding the attorney general, the seeretaries of the Treasury, Defense, Homeland Security, Commeree and Energy, and the seeretary of state. They are charged with reviewing any deal that could result in foreign control of an American business or asset deemed important to national security The national security issue at stake in the Uraxium One deal was not pnmariy about nuclear weapons proliferation: the United States and Russis had for years cooperated on that front, with Russia sending enriched fuel from decommissioned warheads to be used in American nuclear power plants in. return for raw uranium. Instead, it concerned. Amenican dependence on toreigxs xranium sources. While the United States gets one-nnh ofits electrical power from nuclear plants it produces only around xo percent of the uranium it needs, and most plants have only 18 to 36 months of reserves, according to Marin Katusa, author or The Colder War: How the Global Energy Trade Shipped From Amenca's Grasp. The Russians are easily winning the uranium wax, axd nobody's taiking about it.* said Mr.Katusa,wno explores the implications of the Uranion One roQ3 *3nss) Aoiod nzaxo3 E Qnq 3nssr 3nsouop e 3snf1on s1Is *yo0q sIu u1 [eep Whex ARmt, an arm of Kosatom, took its nrst 3? percent stake in Uraaium One in xoog, the two parties sigoed an agreement, found in securities filings, to seek the foreign investment committee's review. But it wss the xoro deal, giving the Russians a controlling 5x pereent stake, that set off alarm bells. Four. members of the House of Representatives signed a letter expressing concern. Two more began pushing legislation to kil the deal. 7 0f 13 5/83201327