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IAEA Forms Nuclear Fuel Bank

December 3rd, 2010 12:50 admin Leave a comment Go to comments

Kemeno writes “The International Atomic Energy Agency voted on Friday to form a nuclear fuel bank to help developing countries acquire nuclear fuel without having to enrich uranium themselves. Warren Buffet contributed 50 million dollars to a pool of 150 million with contributions from many different countries. The goal of the program is to provide countries with a source of low-grade enriched uranium suitable for fueling reactors but not for creating nuclear weapons.”

Source: IAEA Forms Nuclear Fuel Bank

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