Alexander Ignatuk, an Analyst of Energocapital IG:

 — In the nearest future the alliance with Uranium One will give the opportunity to increase uranium mining by 20–50% per year

Rosatom is going to use the controlling stock interest in Uranium One, a Canadian company, as a starting point for the plan of global diversification. This was announced by Sergey Kiriyenko, the head of Russian state corporation, in the interview granted to Financial Times. General Director of Rosatom noted that acquisition of Uranium One was not an ultimate goal of their uranium strategy development. Kiriyenko explained that they wanted to provide the growth platform as a base for further development of their progress in integration, cooperation and deals of amalgamations and mergers at other markets. The head of Rosatom gave an interview being on an official visit in Canada in order to support the deal of increasing the share of Atomredmetzoloto (ARMZ), a uranium holding, in Uranium One from 17% up to 51%.

Alexander Ignatuk, an Analyst of Energocapital IG:

«We believe that the expansion of international globalization creates a global background for development of international alliances between the major companies. In other words, at present the developed model of a transnational corporation starts its gradual transformation into the model of an active search for cooperation of already existent and new transnational corporations, i.e. for alliances establishment. There are different scenarios for such fusions: from establishment of joint ventures up to search for investors for equities and technologies exchange.

The automobile industry is a demonstrative example. The increase in international competition, entry of new market players and expansion of minimal boundaries of enterprises recoupment from 500 thousand cars per year up to almost 2 million, have resulted in establishment of global alliances , such as Renault — Nissan, Peugeot — Citroen – Mitsubishi at the technology level or as Volkswagen amendment at the shareholder level. Joint projects allow reducing of capitalizable costs and develop joint technologies. It is easy to find the same examples in the petroleum, metal mining, food industries and other branches.

The concerned process has also reached the uranium business. It is vitally important that Rosatom State Corporation has been among the first to enter it – it helped the company to find the most reliable partner for cooperation. The assets quality and the world’s lowest average cost for uranium ore mining, provided by Uranium One holding company, helped the Russian partner not only to provide raw for its current and future level of nuclear fuel consumption, but also to find new market outlets and improve its business reputation in the international arena.

In the nearest future the alliance with Uranium One will give the opportunity to increase uranium mining by 20–50% per year, depending on the stage of cooperation; therethrough the consolidated corporation may certainly entrench itself among the five leaders of the world’s uranium business.”