UANI Calls on Rio Tinto to End Its Business with the Iranian Government
22 October 2010 - 3:02AM
Business Wire
United Against Nuclear Iran (UANI) today called on Rio Tinto and
Rossing to sever ties with the Iranian government. Rio Tinto
currently owns a majority stake in the Rossing uranium mine in
Namibia, while the Iran Foreign Investment Company (IFIC) owns a
15% stake in the same mine. The IFIC is wholly owned by the Iranian
government.
IFIC’s involvement in Rossing is a direct violation of United
Nations Security Council Resolutions. Rio Tinto’s involvement with
the Iranian government through the Rossing mine may be subject to
legal action by relevant U.S. authorities. Such association also
directly jeopardizes Rio Tinto’s eligibility to receive contracts
from the U.S. government.
In a letter to Jan du Plessis, the Chairman of the Rio Tinto
Group, UANI President, Ambassador Mark D. Wallace wrote:
This letter is to inform the Rio Tinto Group
(“Rio Tinto”) that your majority ownership of the Rossing uranium
mine in Namibia appears to be a violation of U.S. law.
****
United Against Nuclear Iran (UANI) calls upon
Rio Tinto and Rossing to sever ties with any entity directly or
indirectly representing the Iranian government… Profits from the
Rossing uranium mine are channeled directly to the Iranian
government, emboldening and financially empowering its pursuit of
an illegal nuclear weapons program, as well as fostering the
regime’s ability to oppress the Iranian people and
support terrorist groups in the region. Iranian government
personnel also have access to the facility, from which they can
acquire valuable technical knowledge to advance the regime’s
nuclear weapons program.
****
Through the Iran Foreign Investment Company
(IFIC), Iran currently owns a 15 percent stake in the Rossing
uranium mine located in Namibia. In August 2010, the U.S.
Department of Treasury placed IFIC on the Iranian Transactions
Regulation list.
****
More broadly, UANI calls upon Rio Tinto to
clarify Iran’s role in the Rossing uranium mine and any other
business associations it has in or with Iran… UANI is concerned
that Rio Tinto has made no mention of Iran’s holdings in the
Rossing uranium mine in these filings.
****
It is time for Rio Tinto and Rossing to
recognize this threat as well and follow the lead of other
responsible companies and stop putting short-term profits ahead of
Iran’s clear threat to global security.
Please let us hear from you by November 2,
2010 as to whether or not you will take action to end Rio Tinto’s
and Rossing’s business with Iran.
Click here to read the full text of the letter to Rio Tinto.
Click here to call on Rio Tinto to end its dealings with
Iran.