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Show Atlas Uranium Will Go to West Germany Atlas Corporation, of which Minerals of Moab is a division, div-ision, announced last week that it has agreed to sell one million pounds of ur-' ur-' anium concentrate to West .Germany. Value of the transaction trans-action was not made public. The purchase is part of a plan by the U. S. government govern-ment under which West Germany will buy about 3.5 million pounds of U308 in the United States for delivery deliv-ery during 1970, according to the Wall Street Journal. Officials at Atlas Minerals stated that shipment of the ore would probably begin this spring. Before shipment ship-ment to Germany, the uranium ur-anium will have to be processed pro-cessed into enriched uranium. uran-ium. Total cost for the project will reach the $50 million mark with other, as yet unannounced un-announced companies sharing shar-ing in the project. The concentrate con-centrate will be used for nuclear power reactors. |