It’s been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response. In the U.S., the Trump administration’s Department of Energy (DOE) has suspended sales from its uranium oxide stockpiles for the rest of the government’s fiscal year (until Sept. 30, 2018). …
Construction of the IAEA’s long-awaited low-enriched uranium bank is finally complete, and the bank was officially opened during a ceremony in Kazakhstan. Future Power Technology visited the facility to find out about the fuel bank and why it is needed. On 29 August, the International Atomic Energy Agency (IAEA), the United Nations nuclear watchdog, officially …
ASTANA. KAZINFORM President Nursultan Nazarbayev has opened the building of the IAEA Low Enriched Uranium (LEU) Bank in Kazakhstan during a teleconference, Kazinform correspondent reports. The Head of State handed over a symbolic key to the LEU Bank building to the Director General of the International Atomic Energy Agency, Yukiya Amano. “It is a high …
An international nuclear watchdog agency will open the first independent “bank” for nuclear reactor fuel on Aug. 29 in Kazakhstan, a bid to forestall developing nations from building their own nuclear capabilities. Uranium can both make electricity and make bombs, a key dilemma of the nuclear age. The International Atomic Energy Agency’s low-enriched uranium (LEU) bank is intended to …
Former US Senator Sam Nunn co-founded the Nuclear Threat Initiative, a non-profit aimed at preventing attacks from weapons of mass destruction. And he claims the imminent opening of the UN atomic watchdog’s Uranium bank in Kazakhstan next week will help increase global security from the risk of possible atomic warfare. The International Atomic Energy Agency …
Kazakhstan has chosen August 29 for the opening ceremony of the first Low Enriched Uranium Bank (LEU Bank), being established in Kazakhstan under the auspices of the International Atomic Energy Agency (IAEA). August 29 also marks the International Day against Nuclear Tests as designated by the United Nations and this year on that day it …
International Atomic Energy Agency (IAEA) director-general Yukiya Amano yesterday updated the agency’s board of governors on recent developments including the IAEA’s storage facility for low-enriched uranium (LEU) – known as the LEU Bank – which will be inaugurated on 29 August and should receive its first uranium in 2018. The facility, at the Ulba Metallaurgical …