Posted AT 8:03 PM EDT on 05/07/08
Canada gets Iraq's uranium
Canada is the new home to a massive stockpile of concentrated natural uranium from Iraq, the last major remnant of Saddam Hussein's nuclear program.
The 550 tonnes of “yellowcake,” the seed material for higher-grade nuclear enrichment, was sold to Canadian uranium producer Cameco Corp. in a transaction the official described as worth “tens of millions of dollars.
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