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    Canada May Be Forced to Phase Our High Grade Medical Uranium

    Investing News Network
    Mar. 29, 2012 02:05PM PST
    Energy Investing

    Bloomberg reported a U.S. agreement to supply European countries with material used to create cancer-treating isotopes may force Canada to phase out high grade medical uranium.

    Bloomberg reported a U.S. agreement to supply European countries with material used to create cancer-treating isotopes may force Canada to phase out high grade medical uranium.

    As quoted in the market news:

    Belgium, France and the Netherlands promised to stop making medical isotopes from reactors that irradiate bomb-grade uranium by 2015 in exchange for a U.S. pledge to supply nuclear material until then, the countries announced late yesterday at a nuclear- security summit in Seoul. The reactors produce Molybdenum-99, or Moly-99, that hospitals use to diagnose and treat cancer and heart disease.

    Click here to read the full Bloomberg report.

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