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Kazakhstan offers Ulba as a site for IAEA fuel bank

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Kazakhstan offered the Ulba Metallurgical Plant as a site for an IAEA administered fuel bank. The IAEA Board of Directors approved the plan to set up the fuel bank in December 2010, but made no choice of the site at that time. It is expected to accept Kazakhstan's proposal in time for the fuel bank to open in 2013.

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On April 27, 2015 the government of Kazakhstan approved an agreement with IAEA that would create a reserve of low-enriched uranium in the country. According to the agreement, the reserve will consist of no more than 60 cylinders of the... Read More