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    market news

    Is Canada Slowing Efforts to Stop Sale of Military Grade Uranium?

    Investing News Network
    Mar. 21, 2012 02:38PM PST
    Energy Investing

    Globe and Mail reported Canada and other governments are debating whether or not Nordion, Inc. (TSX:NDN,NYSE:NDZ) is slowing attempts to eliminate highly enriched uranium from world markets.

    Globe and Mail reported Canada and other governments are debating whether or not Nordion, Inc. (TSX:NDN,NYSE:NDZ) is slowing attempts to eliminate highly enriched uranium from world markets.

    As quoted in the market news:

    Ottawa-based Nordion Inc. is the world’s biggest producer of medical isotopes, the life-saving radioactive tools used to diagnose and treat cancer and other diseases. But it relies on materials drawn from highly enriched uranium – and has cut a 10-year deal to get supplies from Russia.

    That has a coalition of American arms-control advocates and non-proliferation experts, and some members of the U.S. Congress, complaining that Canada is slowing efforts to ensure bomb-grade uranium does not fall into terrorists’ hands.

    Click here to read the  full Globe and Mail report.

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