Blog Archive

Blog Archive

Friday, October 15, 2010

postheadericon Iranâs uranium holdings

Despite international sanctions designed to derail Iran’s nuclear program, the Islamic Republic legally owns 15 percent of the third largest uranium mine in the world.

How is this possible? Ask the management of Rossing Uranium Limited in the southern African nation of Namibia. According to the company’s most recent annual report, Iran has owned a sizeable stake in it since the early 1970s.

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