Friday, July 18, 2003

no, it isn't something Hei Lun brought over for dessert 

With all this scandal talk Slate Explainer asks "What Exactly is Yellowcake?" Answer here. Interesting factoid:
Despite all the hubbub over Saddam Hussein's efforts to buy yellowcake, the stuff is by no means a rare commodity. Worldwide production is currently around 64,000 tons per year, and that's sure to rise as Central Asian nations like Kazakhstan begin to expand their uranium-mining industries. (By comparison, about 45,000 tons of tungsten, vital to the steel industry, is produced annually.) The competition has depressed yellowcake prices just a tad in recent months; a pound now costs about $10.90, down a dime from what it was trading for this spring.
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