MP Mine Operations, LLC, 63589-63591 [2020-22314]
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Federal Register / Vol. 85, No. 196 / Thursday, October 8, 2020 / Notices
khammond on DSKJM1Z7X2PROD with NOTICES
this final EA and FONSI and the SER in
the Federal Register.
II. Final Environmental Assessment
Summary
NSPM is requesting to amend license
SNM–2506 for the PI specifically
licensed ISFSI to increase the amount of
spent fuel allowed. The NRC has
assessed the potential environmental
impacts of the proposed action and
alternatives to the proposed action,
shipment of spent fuel to an offsite
facility, and the no-action alternative.
The results of the NRC’s environmental
review can be found in the final EA
(ADAMS Accession No. ML20275A342).
The NRC staff performed its
environmental review in accordance
with the requirements in 10 CFR part
51. In conducting the environmental
review, the NRC considered information
in the LAR to expand the ISFSI
(ADAMS Accession No. ML19217A313);
communications and consultation with
the Minnesota State Historic
Preservation Office (SHPO); as well as
information provided by the Prairie
Island Indian Community (PIIC) and 26
additional Native American Tribes; the
Minnesota-Wisconsin Ecological
Services Field Office of Fish and
Wildlife; the Minnesota State
Department of Health; the Minnesota
Environmental Quality Board, the
Minnesota Department of Commerce,
the Minnesota Pollution Control
Agency, the Minnesota Department of
Natural Resources, and the
Environmental Protection Agency
Region 5.
Approval of NSPM’s proposed LAR
would allow NSPM to increase the
amount of spent fuel stored at the PI
ISFSI, allowing up to 64 storage casks
and adding a new storage pad within
the existing ISFSI footprint. The
estimated annual dose to the nearest
permanent resident from ISFSI activities
is 0.0434 mSv/yr (4.34 mrem/yr)
(ADAMS Accession No. ML19217A313),
which is below the 0.25 mSv/yr (25
mrem/yr) limit specified in 10 CFR
72.104(a) and the 1 mSv/yr (100 mrem/
yr) limit specified in 10 CFR
20.1301(a)(1). Furthermore, NSPM
maintains a radiation protection
program for the ISFSI in accordance
with 10 CFR part 20 to ensure that
radiation doses are as low as is
reasonably achievable (ALARA).
Accordingly, no significant radiological
or non-radiological impacts are
expected to result from approval of the
ISFSI expansion request, and the
proposed action would not significantly
contribute to cumulative impacts at the
PI site. Additionally, there would be no
disproportionately high and adverse
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impacts on minority and low-income
populations.
In its LAR, NSPM is proposing no
changes in how it handles, and stores
spent fuel at the PI ISFSI. In its LAR,
NSPM commits to following their
Cultural Resource Management Plan
during all ground-disturbing expansion
activities. Approval of the proposed
action is not expected to result in new
construction or expansion beyond the
existing ISFSI footprint. The ISFSI is a
largely passive facility that produces no
liquid or gaseous effluents. No
significant radiological or nonradiological impacts are expected from
the expansion or continued normal
operations. Occupational dose estimates
associated with the expansion and
continued normal operation and
maintenance of the ISFSI are expected
to be at ALARA levels and within the
limits of 10 CFR 20.1201. Therefore, the
NRC staff has determined that pursuant
to 10 CFR 51.31, preparation of an EIS
is not required for the proposed action,
and pursuant to 10 CFR 51.32, a FONSI
is appropriate.
Furthermore, the NRC staff
determined that this LAR does not have
the potential to cause effects on historic
properties, assuming those were
present; therefore, in accordance with
36 CFR 800.3(a)(1), no consultation is
required under Section 106 of the
National Historic Preservation Act.’’ The
NRC staff consulted with the Minnesota
SHPO via letter dated December 17,
2019, (ADAMS Package Accession No.
ML19311C631) and May 28, 2020
(ADAMS Package Accession No.
ML20140A115). The Minnesota SHPO
responded via letter dated August 10,
2020, indicating they concurred on the
finding of no effect (ADAMS Accession
No. ML20223A064). Additionally, the
NRC staff contacted the PIIC and 26
additional Native American Tribes and
provided its determination via letters
dated December 19, 2019 (ADAMS
Package Accession No. ML19312A048).
The PIIC responded on January 17, 2020
(ADAMS Accession No. ML20066G473),
and the Shakopee Mdewakanton Sioux
Community responded via letter dated
January 28, 2020 (ADAMS Accession
No. ML20035D132); both indicated that
they concurred with the determination
of no effect. The NRC staff, with the
assistance of the U.S. Fish and Wildlife
Service Information for Planning and
Consultation project planning tool,
determined that the listed species and/
or critical habitat will not be adversely
affected by the proposed action.
III. Finding of No Significant Impact
Based on its review of the proposed
action in the EA, in accordance with the
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63589
requirements in 10 CFR part 51, the
NRC has concluded that the proposed
action, amendment of NRC license
SNM–2506 for the PI ISFSI located in
Goodhue County, Minnesota, will not
significantly affect the quality of the
human environment. Therefore, the
NRC has determined, pursuant to 10
CFR 51.31, that preparation of an EIS is
not required for the proposed action and
a FONSI is appropriate.
Dated: October 5, 2020.
For the Nuclear Regulatory Commission.
Jessie M. Quintero,
Acting Chief, Environmental Review Materials
Branch, Division of Rulemaking,
Environment, and Financial Support, Office
of Nuclear Material Safety and Safeguards.
[FR Doc. 2020–22350 Filed 10–7–20; 8:45 am]
BILLING CODE 7590–01–P
NUCLEAR REGULATORY
COMMISSION
[Docket Nos. 11004455 and 11005966; NRC–
2020–0222]
MP Mine Operations, LLC
Nuclear Regulatory
Commission.
ACTION: Order; issuance.
AGENCY:
The U.S. Nuclear Regulatory
Commission (NRC) issued an Order
approving a request, submitted by MP
Mine Operations LLC, seeking NRC’s
consent to the indirect transfers of
control of Export License Nos.
XSOU8707 and XSOU8827 and
requesting approval of a conforming
license amendment to reflect the new
point-of-contact on Export License Nos.
XSOU8707 and XSOU8827.
DATES: The Order was issued on
September 21, 2020.
ADDRESSES: Please refer to Docket ID
NRC–2020–0222 when contacting the
NRC about the availability of
information for this action. You may
obtain publicly-available information
related to this document using any of
the following methods:
• Federal Rulemaking Website: Go to
https://www.regulations.gov and search
for Docket ID NRC–2020–0222. Address
questions about Docket IDs in
Regulations.gov to Jennifer Borges;
telephone: 301–287–9127; email:
Jennifer.Borges@nrc.gov. For technical
questions, contact the individual listed
in the FOR FURTHER INFORMATION
CONTACT section of this document.
• NRC’s Agencywide Documents
Access and Management System
(ADAMS): You may obtain publiclyavailable documents online in the
ADAMS Public Documents collection at
SUMMARY:
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63590
Federal Register / Vol. 85, No. 196 / Thursday, October 8, 2020 / Notices
https://www.nrc.gov/reading-rm/
adams.html. To begin the search, select
‘‘Begin Web-based ADAMS Search.’’ For
problems with ADAMS, please contact
the NRC’s Public Document Room
reference staff at 1–800–397–4209, 301–
415–4737, or by email to pdr.resource@
nrc.gov. The ADAMS Accession No. for
the issued Order is ML20262H160.
FOR FURTHER INFORMATION CONTACT:
Andrea R. Jones, Office of International
Programs, U.S. Nuclear Regulatory
Commission, Washington, DC 20555–
0001, telephone: 404–997–4443, email:
Andrea.Jones2@nrc.gov.
SUPPLEMENTARY INFORMATION: The text of
the Order is attached.
Dated October 5, 2020.
For the Nuclear Regulatory Commission.
Nader L. Mamish,
Director, Office of Internal Programs.
Attachment—Order
In the Matter of MP Mine Operations
LLC; Docket Nos. 11004455 and
11005966, License Nos. XSOU8707 and
XSOU8827, Order Approving Indirect
Transfer of Two Export Licenses
I.
khammond on DSKJM1Z7X2PROD with NOTICES
MP Mine Operations LLC (MPMO or
the Licensee) currently holds export
licenses XSOU8707 and XSOU8827.
The address included on these export
licenses is the Mountain Pass rare earth
mine and processing facility. On July
15, 2020, MPMO announced a proposed
business combination of MPMO Merger
LLC and Fortress Value Acquisition
Corporation (‘‘FVAC’’), (a/k/a ‘‘FVAC’’
Merger LLC III), a publicly traded
special purpose acquisition company.
Through a series of transactional
actions, MPMO will become a direct
subsidiary of FVAC Merger LLC III and
an indirect subsidiary of MP Materials
Corporation, the ultimate parent
company. After the proposed business
merger is concluded, FVAC’s name will
change to MP Materials Corporation and
MPMO’s current majority direct
shareholders will become indirect
majority shareholders.
II.
The current majority equity holders of
MPMO are JHL Capital Group Holdings
Two LLC (‘‘JHL’’), and QVT Financial
LP (‘‘QVT’’). JHL and QVT hold
membership interests representing 65%
and 25%, respectively, of MPMO’s
outstanding units. After the transaction,
JHL and QVT will become indirect
majority equity holders of MPMO and
equity holders in MP Materials Corp.
Additionally, JHL and QVT will hold
equity interests of at least 41% and
14%, respectively, in MP Materials
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Jkt 253001
Corporation. This combined ownership
interest will indirectly represent a
majority interest in MPMO. No other
single shareholder will hold an interest
in MP Materials Corporation of greater
than 8%. JHL and QVT will jointly and
indirectly own a majority interest in
MPMO.
III.
By letter dated August 17, 2020
(ADAMS Accession No. ML20233A654)
(ADAMS Accession Nos. ML20233A60
and ML20233A643), respectively,
MPMO requested approval from the
U.S. Nuclear Regulatory Commission
(NRC) for the indirect transfer of control
of export licenses XSOU8707 and
XSOU8827, resulting in the creation of
a new parent company MP Materials
Corporation. This request was made
pursuant to Section 184 of the Atomic
Energy Act of 1954, as amended (AEA)
(42 U.S.C. 2234) and part 110, section
50, paragraph d of Title 10 of the Code
of Federal Regulations (10 CFR
110.50(d)). In association with the
proposed indirect transfer, MPMO has
requested a minor amendment to the
export licenses to update to the licensee
contact (in license applications dated
August 19, 2020 ((ADAMS Accession
Nos. ML20233A60 and ML20233A643,
respectively).
The letter dated August 17, 2020 was
made publicly available in ADAMS on
August 19, 2020. The NRC received one
comment. The commenter requested
that the matter be held in abeyance
pending a Federal government-wide
review, including a review by the
Committee on Foreign Investment in the
United States (CFIUS), of the national
security impacts of the proposed
transaction. The commenter claims that
the transaction will result in a Chinese
company, Shenghe Resources Holding
Co., Ltd. (Shenghe Resources), having a
minority interest in the ultimate parent
company through a subsidiary. The
commenter does not mention, however,
that Leshan Shenghe Rare Earth Co.,
Ltd. (Leshan Shenghe), the subsidiary of
Shenghe Resources currently already
holds a minority interest in the existing
licensee, and that post-transaction
Leshan Shenghe would continue to be a
minority owner of the licensee. To the
extent Leshan Shenghe’s ownership
interest changes, the change would be
de minimis, based upon the information
provided by the licensee to support the
transfer of control. Because Leshan
Shenghe would continue to be a
minority owner of the licensee and any
change in its ownership interest will be
negligible, the indirect transfer would
not alter Leshan Shenghe’s existing
corporate status as a minority owner of
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Sfmt 4703
the licensee or its corporate control or
influence over the licensee vis a vis the
remaining owners, including the
majority owners.
IV.
Pursuant to Section 184 of the AEA
(42 U.S.C. 2234), no license granted by
the Commission shall be transferred,
assigned, or in any manner disposed of,
directly or indirectly, through transfer of
control of any license to any person
unless the Commission, after securing
full information, finds that the transfer
is in accordance with the provisions of
the AEA, and gives its consent in
writing. Pursuant to 10 CFR 110.50(d),
a specific export license may be
transferred, disposed of, or assigned to
another person only with the approval
of the Commission by license
amendment. And pursuant to 10 CFR
110.51(a)(1), an application requesting
amendment of an export license shall be
filed on NRC Form 7, ‘‘Application for
NRC Export or Import License,
Amendment, Renewal or Consent
Request(s),’’ in accordance with 10 CFR
110.31 and 110.32 and must specify the
grounds for the requested amendment.
After review of MPMO’s
supplemental information dated August
11, 2020 (ADAMS Accession No.
ML20238B854), export applications
XSOU8707 and XSOU8827 dated
August 19, 2020 (ADAMS Accession
Nos. ML20233A60 and ML20233A643;
respectively), and MPMO’s ‘‘Expedited
Review and Any Necessary Consent for
Indirect Change of Control of MP Mine
Operations LLC, Export License Nos.
XSOU8707 and XSOU8827’’, dated
August 17, 2020 (ADAMS Accession
No. ML20233A654), the NRC staff has
determined that the transfer of control is
consistent with the applicable
provisions of the AEA, regulations, and
orders issued by the Commission. The
NRC staff has further determined that
the request for the proposed conforming
license amendment complies with the
standards and requirements of the AEA,
and the NRC’s regulations set forth in 10
CFR part 110. The transfer of control of
the license and issuance of the
conforming license amendment will not
be inimical to the common defense and
security, or to the health and safety of
the public, or the environment, and all
applicable requirements have been
satisfied.
For further details with respect to this
Order, see MPMO’s supplemental
information dated August 11, 2020
(ADAMS Accession No. ML20238B854),
export applications XSOU8707 and
XSOU8827 dated August 19, 2020
(ADAMS Accession No. ML20233A60
and ML20233A643, respectively),
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Federal Register / Vol. 85, No. 196 / Thursday, October 8, 2020 / Notices
MPMO’s ‘‘Expedited Review and Any
Necessary Consent for Indirect Change
of Control of MP Mine Operations LLC,
Export License Nos. XSOU8707 and
XSOU8827,’’ dated August 17, 2020
(ADAMS Accession No. ML20233A654),
‘‘Response to September 3, 2020 NRC
Questions,’’ ADAMS Accession No.
ML20262H088) and ‘‘MPMO Response
to Comments—Export Licenses
XSOU8707 and XSOU8827,’’ ADAMS
Accession No. ML20259A009. These
documents are available for public
inspection at the Commission Public
Document Room (PDR), located at One
White Flint North, Room O1–F21, 11555
Rockville Pike (first floor), Rockville,
MD 20852, and available online in the
ADAMS Public Documents collection at
https://www.nrc.gov/reading-rm/
adams.html. Persons who do not have
access to ADAMS or who encounter
problems in accessing the documents
located in ADAMS should contact the
NRC PDR Reference staff by telephone
at 1–800–397–4209, or 301–415–4737 or
by email to pdr@nrc.gov.
VI.
Accordingly, pursuant to Section 184
of the AEA, 10 CFR 110.50(d), and 10
CFR 110.51(c), it is hereby ordered that
MPMO’s request for indirect transfer of
control and license amendment
application, as described herein, be
consented to and approved,
respectively.
It is further ordered, that MPMO
inform the NRC of the date of the
indirect transfer, within 30-days of the
transaction closing.
This Order is effective upon issuance.
Issuance of this Order does not preclude
or foreclose any future NRC
enforcement action, if warranted, to
address any previous violations of NRC
requirements.
Dated at Rockville, Maryland, this 21st day
of September 2020.
For the Nuclear Regulatory Commission.
Nader L. Mamish,
Director, Office of International Programs.
[FR Doc. 2020–22314 Filed 10–7–20; 8:45 am]
BILLING CODE 7590–01–P
khammond on DSKJM1Z7X2PROD with NOTICES
NUCLEAR REGULATORY
COMMISSION
[NRC–2020–0221]
Information Collection: NRC Form 483,
‘‘Registration Certificate—In Vitro
Testing With Byproduct Material Under
General License’’
Nuclear Regulatory
Commission.
AGENCY:
VerDate Sep<11>2014
17:48 Oct 07, 2020
Jkt 253001
Renewal of existing information
collection; request for comments.
ACTION:
The U.S. Nuclear Regulatory
Commission (NRC) invites public
comment on the renewal of Office of
Management and Budget (OMB)
approval for an existing collection of
information. The information collection
is entitled, NRC Form 483, ‘‘Registration
Certificate—In Vitro Testing with
Byproduct Material Under General
License.’’
SUMMARY:
Submit comments by December
7, 2020. Comments received after this
date will be considered if it is practical
to do so, but the Commission is able to
ensure consideration only for comments
received on or before this date.
ADDRESSES: You may submit comments
by any of the following methods:
• Federal Rulemaking Website: Go to
https://www.regulations.gov and search
for Docket ID NRC–2020–0221. For
technical questions, contact the
individual listed in the FOR FURTHER
INFORMATION CONTACT section of this
document.
• Mail comments to: David Cullison,
Office of the Chief Information Officer,
Mail Stop: T–6 A10M, U.S. Nuclear
Regulatory Commission, Washington,
DC 20555–0001.
For additional direction on obtaining
information and submitting comments,
see ‘‘Obtaining Information and
Submitting Comments’’ in the
SUPPLEMENTARY INFORMATION section of
this document.
FOR FURTHER INFORMATION CONTACT:
David Cullison, Office of the Chief
Information Officer, U.S. Nuclear
Regulatory Commission, Washington,
DC 20555–0001; telephone: 301–415–
2084; email: Infocollects.Resource@
nrc.gov.
DATES:
SUPPLEMENTARY INFORMATION:
I. Obtaining Information and
Submitting Comments
A. Obtaining Information
Please refer to Docket ID NRC–2020–
0221 when contacting the NRC about
the availability of information for this
action. You may obtain publicly
available information related to this
action by any of the following methods:
• Federal Rulemaking Website: Go to
https://www.regulations.gov and search
for Docket ID NRC–2020–0221. A copy
of the collection of information and
related instructions may be obtained
without charge by accessing Docket ID
NRC–2020–0221 on this website.
• NRC’s Agencywide Documents
Access and Management System
(ADAMS): You may obtain publicly
PO 00000
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63591
available documents online in the
ADAMS Public Documents collection at
https://www.nrc.gov/reading-rm/
adams.html. To begin the search, select
‘‘ADAMS Public Documents’’ and then
select ‘‘Begin Web-based ADAMS
Search.’’ For problems with ADAMS,
please contact the NRC’s Public
Document Room (PDR) reference staff at
1–800–397–4209, 301–415–4737, or by
email to pdr.resource@nrc.gov. A copy
of the collection of information and
related instructions may be obtained
without charge by accessing ADAMS
Accession No. ML20205L413. The
supporting statement is available in
ADAMS under Accession No.
ML20205L506.
• NRC’s Clearance Officer: A copy of
the collection of information and related
instructions may be obtained without
charge by contacting NRC’s Clearance
Officer, David Cullison, Office of the
Chief Information Officer, U.S. Nuclear
Regulatory Commission, Washington,
DC 20555–0001; telephone: 301–415–
2084; email: Infocollects.Resource@
nrc.gov.
B. Submitting Comments
Please include Docket ID NRC–2020–
0221 in the subject line of your
comment submission, in order to ensure
that the NRC is able to make your
comment submission available to the
public in this docket.
The NRC cautions you not to include
identifying or contact information in
comment submissions that you do not
want to be publicly disclosed in your
comment submission. The NRC will
post all comment submissions at https://
www.regulations.gov as well as enter the
comment submissions into ADAMS,
and the NRC does not routinely edit
comment submissions to remove
identifying or contact information.
If you are requesting or aggregating
comments from other persons for
submission to the NRC, then you should
inform those persons not to include
identifying or contact information that
they do not want to be publicly
disclosed in their comment submission.
Your request should state that the NRC
does not routinely edit comment
submissions to remove such information
before making the comment
submissions available to the public or
entering the comment into ADAMS.
II. Background
In accordance with the Paperwork
Reduction Act of 1995 (44 U.S.C.
Chapter 35), the NRC is requesting
public comment on its intention to
request the OMB’s approval for the
information collection summarized
below.
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Agencies
[Federal Register Volume 85, Number 196 (Thursday, October 8, 2020)]
[Notices]
[Pages 63589-63591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-22314]
-----------------------------------------------------------------------
NUCLEAR REGULATORY COMMISSION
[Docket Nos. 11004455 and 11005966; NRC-2020-0222]
MP Mine Operations, LLC
AGENCY: Nuclear Regulatory Commission.
ACTION: Order; issuance.
-----------------------------------------------------------------------
SUMMARY: The U.S. Nuclear Regulatory Commission (NRC) issued an Order
approving a request, submitted by MP Mine Operations LLC, seeking NRC's
consent to the indirect transfers of control of Export License Nos.
XSOU8707 and XSOU8827 and requesting approval of a conforming license
amendment to reflect the new point-of-contact on Export License Nos.
XSOU8707 and XSOU8827.
DATES: The Order was issued on September 21, 2020.
ADDRESSES: Please refer to Docket ID NRC-2020-0222 when contacting the
NRC about the availability of information for this action. You may
obtain publicly-available information related to this document using
any of the following methods:
Federal Rulemaking Website: Go to https://www.regulations.gov and search for Docket ID NRC-2020-0222. Address
questions about Docket IDs in Regulations.gov to Jennifer Borges;
telephone: 301-287-9127; email: [email protected]. For technical
questions, contact the individual listed in the FOR FURTHER INFORMATION
CONTACT section of this document.
NRC's Agencywide Documents Access and Management System
(ADAMS): You may obtain publicly-available documents online in the
ADAMS Public Documents collection at
[[Page 63590]]
https://www.nrc.gov/reading-rm/adams.html. To begin the search, select
``Begin Web-based ADAMS Search.'' For problems with ADAMS, please
contact the NRC's Public Document Room reference staff at 1-800-397-
4209, 301-415-4737, or by email to [email protected]. The ADAMS
Accession No. for the issued Order is ML20262H160.
FOR FURTHER INFORMATION CONTACT: Andrea R. Jones, Office of
International Programs, U.S. Nuclear Regulatory Commission, Washington,
DC 20555-0001, telephone: 404-997-4443, email: [email protected].
SUPPLEMENTARY INFORMATION: The text of the Order is attached.
Dated October 5, 2020.
For the Nuclear Regulatory Commission.
Nader L. Mamish,
Director, Office of Internal Programs.
Attachment--Order
In the Matter of MP Mine Operations LLC; Docket Nos. 11004455 and
11005966, License Nos. XSOU8707 and XSOU8827, Order Approving Indirect
Transfer of Two Export Licenses
I.
MP Mine Operations LLC (MPMO or the Licensee) currently holds
export licenses XSOU8707 and XSOU8827. The address included on these
export licenses is the Mountain Pass rare earth mine and processing
facility. On July 15, 2020, MPMO announced a proposed business
combination of MPMO Merger LLC and Fortress Value Acquisition
Corporation (``FVAC''), (a/k/a ``FVAC'' Merger LLC III), a publicly
traded special purpose acquisition company. Through a series of
transactional actions, MPMO will become a direct subsidiary of FVAC
Merger LLC III and an indirect subsidiary of MP Materials Corporation,
the ultimate parent company. After the proposed business merger is
concluded, FVAC's name will change to MP Materials Corporation and
MPMO's current majority direct shareholders will become indirect
majority shareholders.
II.
The current majority equity holders of MPMO are JHL Capital Group
Holdings Two LLC (``JHL''), and QVT Financial LP (``QVT''). JHL and QVT
hold membership interests representing 65% and 25%, respectively, of
MPMO's outstanding units. After the transaction, JHL and QVT will
become indirect majority equity holders of MPMO and equity holders in
MP Materials Corp. Additionally, JHL and QVT will hold equity interests
of at least 41% and 14%, respectively, in MP Materials Corporation.
This combined ownership interest will indirectly represent a majority
interest in MPMO. No other single shareholder will hold an interest in
MP Materials Corporation of greater than 8%. JHL and QVT will jointly
and indirectly own a majority interest in MPMO.
III.
By letter dated August 17, 2020 (ADAMS Accession No. ML20233A654)
(ADAMS Accession Nos. ML20233A60 and ML20233A643), respectively, MPMO
requested approval from the U.S. Nuclear Regulatory Commission (NRC)
for the indirect transfer of control of export licenses XSOU8707 and
XSOU8827, resulting in the creation of a new parent company MP
Materials Corporation. This request was made pursuant to Section 184 of
the Atomic Energy Act of 1954, as amended (AEA) (42 U.S.C. 2234) and
part 110, section 50, paragraph d of Title 10 of the Code of Federal
Regulations (10 CFR 110.50(d)). In association with the proposed
indirect transfer, MPMO has requested a minor amendment to the export
licenses to update to the licensee contact (in license applications
dated August 19, 2020 ((ADAMS Accession Nos. ML20233A60 and
ML20233A643, respectively).
The letter dated August 17, 2020 was made publicly available in
ADAMS on August 19, 2020. The NRC received one comment. The commenter
requested that the matter be held in abeyance pending a Federal
government-wide review, including a review by the Committee on Foreign
Investment in the United States (CFIUS), of the national security
impacts of the proposed transaction. The commenter claims that the
transaction will result in a Chinese company, Shenghe Resources Holding
Co., Ltd. (Shenghe Resources), having a minority interest in the
ultimate parent company through a subsidiary. The commenter does not
mention, however, that Leshan Shenghe Rare Earth Co., Ltd. (Leshan
Shenghe), the subsidiary of Shenghe Resources currently already holds a
minority interest in the existing licensee, and that post-transaction
Leshan Shenghe would continue to be a minority owner of the licensee.
To the extent Leshan Shenghe's ownership interest changes, the change
would be de minimis, based upon the information provided by the
licensee to support the transfer of control. Because Leshan Shenghe
would continue to be a minority owner of the licensee and any change in
its ownership interest will be negligible, the indirect transfer would
not alter Leshan Shenghe's existing corporate status as a minority
owner of the licensee or its corporate control or influence over the
licensee vis a vis the remaining owners, including the majority owners.
IV.
Pursuant to Section 184 of the AEA (42 U.S.C. 2234), no license
granted by the Commission shall be transferred, assigned, or in any
manner disposed of, directly or indirectly, through transfer of control
of any license to any person unless the Commission, after securing full
information, finds that the transfer is in accordance with the
provisions of the AEA, and gives its consent in writing. Pursuant to 10
CFR 110.50(d), a specific export license may be transferred, disposed
of, or assigned to another person only with the approval of the
Commission by license amendment. And pursuant to 10 CFR 110.51(a)(1),
an application requesting amendment of an export license shall be filed
on NRC Form 7, ``Application for NRC Export or Import License,
Amendment, Renewal or Consent Request(s),'' in accordance with 10 CFR
110.31 and 110.32 and must specify the grounds for the requested
amendment.
After review of MPMO's supplemental information dated August 11,
2020 (ADAMS Accession No. ML20238B854), export applications XSOU8707
and XSOU8827 dated August 19, 2020 (ADAMS Accession Nos. ML20233A60 and
ML20233A643; respectively), and MPMO's ``Expedited Review and Any
Necessary Consent for Indirect Change of Control of MP Mine Operations
LLC, Export License Nos. XSOU8707 and XSOU8827'', dated August 17, 2020
(ADAMS Accession No. ML20233A654), the NRC staff has determined that
the transfer of control is consistent with the applicable provisions of
the AEA, regulations, and orders issued by the Commission. The NRC
staff has further determined that the request for the proposed
conforming license amendment complies with the standards and
requirements of the AEA, and the NRC's regulations set forth in 10 CFR
part 110. The transfer of control of the license and issuance of the
conforming license amendment will not be inimical to the common defense
and security, or to the health and safety of the public, or the
environment, and all applicable requirements have been satisfied.
For further details with respect to this Order, see MPMO's
supplemental information dated August 11, 2020 (ADAMS Accession No.
ML20238B854), export applications XSOU8707 and XSOU8827 dated August
19, 2020 (ADAMS Accession No. ML20233A60 and ML20233A643,
respectively),
[[Page 63591]]
MPMO's ``Expedited Review and Any Necessary Consent for Indirect Change
of Control of MP Mine Operations LLC, Export License Nos. XSOU8707 and
XSOU8827,'' dated August 17, 2020 (ADAMS Accession No. ML20233A654),
``Response to September 3, 2020 NRC Questions,'' ADAMS Accession No.
ML20262H088) and ``MPMO Response to Comments--Export Licenses XSOU8707
and XSOU8827,'' ADAMS Accession No. ML20259A009. These documents are
available for public inspection at the Commission Public Document Room
(PDR), located at One White Flint North, Room O1-F21, 11555 Rockville
Pike (first floor), Rockville, MD 20852, and available online in the
ADAMS Public Documents collection at https://www.nrc.gov/reading-rm/adams.html. Persons who do not have access to ADAMS or who encounter
problems in accessing the documents located in ADAMS should contact the
NRC PDR Reference staff by telephone at 1-800-397-4209, or 301-415-4737
or by email to [email protected].
VI.
Accordingly, pursuant to Section 184 of the AEA, 10 CFR 110.50(d),
and 10 CFR 110.51(c), it is hereby ordered that MPMO's request for
indirect transfer of control and license amendment application, as
described herein, be consented to and approved, respectively.
It is further ordered, that MPMO inform the NRC of the date of the
indirect transfer, within 30-days of the transaction closing.
This Order is effective upon issuance. Issuance of this Order does
not preclude or foreclose any future NRC enforcement action, if
warranted, to address any previous violations of NRC requirements.
Dated at Rockville, Maryland, this 21st day of September 2020.
For the Nuclear Regulatory Commission.
Nader L. Mamish,
Director, Office of International Programs.
[FR Doc. 2020-22314 Filed 10-7-20; 8:45 am]
BILLING CODE 7590-01-P