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For a start, South Africa was already providing the yellowcake essential for building a nuclear weapon.
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South Africa also provided much of the yellowcake uranium that Israel required to develop its weapons.
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Iran has already received a shipment of yellowcake, an unenriched uranium compound, from Russia in exchange for the stockpile.
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Iran will continue preparing raw "yellowcake" uranium for enrichment until early next year despite a recent pledge to freeze all such activity, diplomats said.
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These would support a 17-year mine-life based on annual production rate of approximately 2,000 to 4,000 tonnes of uranium in the form of yellowcake.
Usage of u308 in English
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Goldman's trading of yellowcake, enriched uranium ore known as U308, rose tenfold from 2009 to reach 12.8 million pounds in 2013, according to the report.