Wednesday, September 30, 2009

Nuclear Issues: Iran's 10 per cent stake in French nuclear plant

Reuters reports that Iran has a ten per cent stake in a French nuclear plant that produces a quarter of the world's enriched uranium.

Nuclear reactor maker Areva confirmed a press report in the French satirical weekly Le Canard Enchaine, that the Shah of Iran struck a deal in the early 1970s when the country was turning towards nuclear energy to cut dependence on its oil production.

State-controlled Areva said it owned the remainder of the Eurodif plant

'Iran has never received a single gramme of enriched uranium from France,' an Areva spokeswoman said.

Published by Mike Hitchen i On Global Trends, world news, analysis, opinion
Putting principles before profits