Kazakh President opens IAEA Low Enriched Uranium Bank

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 …

Putin Tells Hungary’s Orban Nuclear Plant Expansion To Start Next Year

Russian President Vladimir Putin says work on expanding Hungary’s only nuclear power plant may begin early next year. “Work at the [Paks] construction site may start already at the beginning of the next year,” Putin told Hungarian Prime Minister Viktor Orban on August 28 during a visit to Hungary’s capital, Budapest. During a visit to …

IAEA conducts first nuclear security assessment on China

BEIJING, Aug. 28 (Xinhua) — The International Atomic Energy Agency (IAEA) Monday started its first nuclear security assessment of China, at the request of China Atomic Energy Authority (CAEA). During the ten-day assessment, the agency will review China’s nuclear security system, laws and government supervision, and visit nuclear plants in Zhejiang Province, according to the …

Kazakhstan seeks to further promote global nuclear security, set to launch LEU Bank to boost nuclear power industry

ASTANA – The International Atomic Energy Agency’s (IAEA) Low Enriched Uranium (LEU) Bank will be launched Aug. 29 at the Ulba Metallurgical Plant in Ust-Kamenogorsk, said Parliament Senate Chairman Kassym-Jomart Tokayev at the opening of the 62nd Pugwash Conference on Science and World Affairs here on Aug. 25. The conference titled “Confronting New Nuclear Dangers,” …

Here’s How Warren Buffett Bankrolled A Uranium Bank In Kazakhstan

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 …

U.S. Energy Dept grid study calls for boost to coal, nuclear power

WASHINGTON (Reuters) – A U.S. Energy Department report calls for incentives to boost coal-fired and nuclear power plants following a slew of closures that it said undermined reliable sources of electricity. The findings of the study, released late on Wednesday, drew scorn from renewable energy advocates but praise from the coal and nuclear industries. The …