FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Al Yousuf LLC   2. Issuer Name and Ticker or Trading Symbol ALTAIR NANOTECHNOLOGIES INC [ALTI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) SHEIKH ZAYED ROAD, P.O. BOX 25,  3. Date of Earliest Transaction (Month/Day/Year) 11/30/2007 (Street) DUBAI, C0 00000 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/30/2007   P(1)   50,000 A $ 4.05 12,036,017 D (2)   Common Stock 12/05/2007   S(1)   35,979 D $ 4.3 12,000,038 D (2)   Common Stock 12/05/2007   S(1)   50,000 D $ 4.25 11,950,038 D (2)   Common Stock 12/05/2007   S(1)   5,000 D $ 4.4 11,945,038 D (2)   Common Stock 12/07/2007   S(1)(3)   50,000 D $ 4.6 11,895,038 D (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Al Yousuf LLC SHEIKH ZAYED ROAD, P.O. BOX 25 DUBAI, C0 00000		X
Al Yousuf Iqbal SHEIKH ZAYED ROAD P.O. BOX 25 DUBAI, C0 00000		X

Signatures

/s/ Iqbal Al Yousuf, President of Al Yousuf LLC		12/16/2007
**Signature of Reporting Person		Date
/s/ Iqbal Al Yousuf		12/16/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Purchases and sales pursuant to pre-existing broker orders.
(2)	The securities of Altair Nanotechnologies Inc. (the "Issuer") reported as beneficially owned in the above table are owned of record by Al Yousuf LLC, a United Arab Emirates limited liability company (the "LLC"). Mr. Iqbal Al Yousuf, the President of the LLC, may be deemed to have voting and investment control over the securities held by the LLC. Mr. Iqbal Al Yousuf disclaims beneficial ownership of the Issuer securities reported herein except to the extent of his pecuniary interest in such securities.
(3)	The LLC's sale of Issuer common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 50,000 shares, with the LLC's purchase of 50,000 of Issuer's common stock at a price of $4.05 per share on November 30, 2007. The LLC has agreed to pay to the Issuer, $23,168, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.

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