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    market news

    Iran Still Enriching Uranium to 20-percent Purity

    Charlotte McLeod
    Oct. 31, 2013 10:22AM PST
    Energy Investing

    Bloomberg reported that according to Mohammad Javad Zarif, Iran’s foreign minister, Iran has not stopped enriching uranium to 20-percent purity. A parliamentary committee spokesperson had previously said otherwise.

    Bloomberg reported that according to Mohammad Javad Zarif, Iran’s foreign minister, Iran has not stopped enriching uranium to 20-percent purity. A parliamentary committee spokesperson had previously said otherwise.

    As quoted in the market news:

    ‘Iran continues to enrich at the level of both 3.5 percent and at 20 percent,’ Zarif told reporters today in the South African capital, Pretoria. ‘This is under International Atomic Energy Agency monitoring.’

    The U.S. and other world powers want Iran to stop enriching uranium to the 20 percent level. Russian Deputy Foreign Minister Sergei Ryabkov suggested a 5 percent limit in an Oct. 21 phone interview. Iranian officials say the material is needed for a research reactor in the capital, which produces medical isotopes for cancer treatment.

    Click here to read the full Bloomberg report.

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