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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: Iran dismisses report it faces raw uranium shortage Reuters - Thursday, February 12 TEHRAN - Iran dismissed on Wednesday a newspaper report that the Islamic Republic was running short of raw uranium for a nuclear programme the West fears has military aims. ADVERTISEMENT The Times said last month Western powers believed Iran was facing a shortfall of raw uranium and were urging producer nations not to sell it to Tehran. "Such news has been raised by the media with no scientific basis," Foreign Ministry spokesman Hassan Qashqavi told a news conference when asked about the report. "The news has been the product of a few analyses and guesswork and articles." Iran says its nuclear work is aimed at generating electricity so that the world's fourth-largest crude producer can export more of its oil and gas, rejecting Western accusations the programme is a cover for making bombs. The enriched uranium required for use in nuclear reactors or weapons is produced in centrifuges that spin uranium hexafluoride gas at high speeds. The UF6 is derived in a chemical reaction from "yellow cake," a concentrate obtained from mined uranium ore. In its January 24 report, The Times quoted sources as saying Iran had nearly exhausted its stock of yellow cake, of which it had acquired several thousand tonnes from South Africa in the mid-1970s. The newspaper said that late last year the Foreign Office ordered its diplomats in Kazakhstan, Uzbekistan and Brazil -- all major uranium producers -- to lobby their governments on the issue. Iran has a uranium ore processing plant at Isfahan, some 400 km south of Tehran, which has been under regular inspection by the U.N. nuclear watchdog, the International Atomic Energy Agency. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: World US trade gap narrrows to $39.9 bln in DecemberAFP - 19 minutes ago Tsvangirai takes office as Zimbabwe's PMReuters - 23 minutes ago FBI investigating 530 corporate fraud casesAP - 25 minutes ago Frank exhorts banking industry to work for reformAP - 33 minutes ago NC student injured on bus as friend shows off gunAP - 39 minutes ago Most Popular – World Viewed Obama vows mortgage aid as stimulus blitz hits Florida Taliban video of Polish hostage beheading Indian woman has football-sized tumour removed from jaw British minister says crisis worst for 100 years Spain withdraws cervical cancer shot after illnesses View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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