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Wed 19 Dec, 2007 06:43 am
For now, it is true, Iran is enriching the uranium at below weapons grade. It says it is doing so only in order to power reactors to produce electricity. But it has no such reactors. And to get the uranium to weapons grade it has only to run the stuff often enough through Natanz's centrifuges.
This is casual, informal usage. One of the meanings of "stuff" is "material" - uranium in this case.
I love money. The trouble is, I haven't got enough of the stuff.
The meaning in your extract is approximately those of (1) and (2) below.
stuff
noun
1. the material of which anything is made: a hard, crystalline stuff.
2. material to be worked upon or to be used in making something: wood, steel, and other stuff for building.
3. material of some unspecified kind: a cushion filled with some soft stuff.
4. Chiefly British. woven material or fabric, esp. wool.
5. property, as personal belongings or equipment; things.
6. something to be swallowed, as food, drink, or medicine.
7. inward character, qualities, or capabilities: to have good stuff in one.
8. Informal. action or talk of a particular kind: kid stuff; Cut out the rough stuff.
9. worthless things or matter: to clean the stuff out of a closet.
10. worthless or foolish ideas, talk, or writing: a lot of stuff and nonsense.
11. Sports.
a. Baseball. the assortment of pitches that a pitcher uses in a game together with the ability to deliver them in the proper manner at the right speed to the desired spot: He saved his best stuff for the tougher hitters in the lineup.
b. spin or speed imparted to a ball, as by a baseball pitcher, a bowler, or a tennis player: a pitch with plenty of stuff.
12. Informal. journalistic, literary, artistic, dramatic, musical, or other compositions or performances: Bach composed some splendid stuff.
13. Informal. one's trade, skill, field, facts, etc.: She knows her stuff.
14. Slang. any kind of drug, esp. an illicit one.
15. Also called stock. Papermaking. refined and beaten wet pulp ready for spreading on the wire.