7/06/2008

AP Exclusive: US Removes Uranium From Iraq

AP Exclusive: Uranium stockpile removed from Iraq in secret US mission by land, sea and air

The Iraqi government sold the yellowcake to a Canadian uranium producer, Cameco Corp., in a transaction the official described as worth "tens of millions of dollars." A Cameco spokesman, Lyle Krahn, declined to discuss the price, but said the yellowcake will be processed at facilities in Ontario for use in energy-producing reactors.

"We are pleased ... that we have taken (the yellowcake) from a volatile region into a stable area to produce clean electricity," he said.

ABC News


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