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market news

Weapons-Grade Uranium Shipments to Chalk River Almost Finished

Investing News Network
May. 30, 2013 04:55AM PST
Energy Investing

The Ottawa Citizen reported that U.S. shipments of weapons grade uranium to the Chalk River plant for medical isotopes are coming to a close.

The Ottawa Citizen reported that U.S. shipments of  weapons grade uranium to the Chalk River plant for medical isotopes are coming to a close.

As quoted in the market report:

Based on the previous shipments, that suggests the NRU will require a total of only two to three more seven kilogram shipments before isotope production ceases. The latest proposed U.S. shipment, therefore, is likely the antepenultimate or penultimate load to Canada.

To view the whole Ottawa Citizen report, click here.

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