International Atomic Energy Agency opens uranium bank of last resort in Kazakhstan

Sam Nunn credit Nuclear Threat Initiative

"I am confident that the IAEA LEU Bank will make a valuable contribution to global efforts to ensure the availability of fuel for nuclear power plants", Director General Amano told the event which was attended also by representatives of IAEA Member States and donors.

Safety and security of the IAEA LEU Bank will be governed by Kazakhstan's legal and regulatory requirements, and will meet the applicable provisions of the IAEA's safety standards and security guidance documents.

IAEA Director General Yukiya Amano and President of Kazakhstan Nursultan Nazarbayev attended a ceremony in the capital Astana to mark the official opening of the IAEA LEU Bank Storage Facility at the Ulba Metallurgical Plant (UMP) in the eastern city of Ust-Kamenogorsk.

The Essentials of Being an Eco-Friendly Hotel
Conserve Energy Lights, water heaters, and air conditioning units, among other things, consume the most electricity in hotels. Through these actions, the hotel can build a better name by showing its clients how it values environmental sustainability.

1 dead, 1 missing in Sunday morning boating accident off New Haven
The search began Monday night when a concerned daughter reported to the Coast Guard that her father had not returned home. Coast Guard and several other agencies are searching for a missing boater in Long Island Sound off New Haven Harbor.

Best Buy earnings, sales top Street estimates; stock jumps 4%
Massachusetts Financial Services Co. $357,983 worth of Best Buy Co Inc (NYSE: BBY ) shares were sold by HIGGINS VICTOR KATHY J. To measure price-variation, we found BBY's volatility during a week at 1.93% and during a month it has been found around 1.9%.

Russian Federation has operated a similar bank since 2010 but the one in Kazakhstan will be the first one fully owned and operated by the global nuclear watchdog.

KAZINFORM The Minister of Foreign Affairs of Kazakhstan Kairat Abdrakhmanov held a number of meetings with foreign guests who arrived in Astana to participate in the presentation of the IAEA Low Enriched Uranium (LEU) Bank, Pugwash Science Conference, and other events, the MFA press service reports. By providing uranium, it will disincentivise countries from developing their own uranium enrichment capacities-as even supposedly peaceful programs could see uranium enriched to a weapons-grade level. "The bank will play an important role in reducing nuclear dangers and serve as a vivid example of the benefits of global cooperation at a time when our world is in a race between cooperation and catastrophe". The same enrichment technology that produces fuel for a nuclear reactor can also produce the material for a nuclear bomb.

NTI proposed setting up the LEU bank in 2006, and the Kazakh government and IAEA reached agreement on the project in August 2015. For years, the Nuclear Threat Initiative has been working behind the scenes to set up this bank and they got a big boost when Warren Buffett pledged $50 million to the cause.

Related:

  • Trump comments on border wall funding

    Trump comments on border wall funding

    In a separate tweet, Trump hit on another favorite refrain: getting Mexico to pay for a wall on the southwest border. Trump declined the reporter's invitation to say how far the US would go if the situation in Baltics escalated.
    Government To Sell 5% Stake In NTPC On Tuesday

    Government To Sell 5% Stake In NTPC On Tuesday

    The NTPC sale will be open for funds on Tuesday, while retail investors will be able to bid on Wednesday. The floor price of Rs 168 is at a discount of 3 per cent over today's closing stock price.
    Ronald Koeman reveals Everton want 'at least two more players'

    Ronald Koeman reveals Everton want 'at least two more players'

    Costa's absence in the first team has left the Blues short of quality up front, and they lack the fluidity they had 12 months ago. Koeman has built an impressive squad at Goodison Park, but they are unlikely to challenge for the Premier League title.
  • How Home-based Business Can Benefit from Coworking Spaces

    More so, it can encourage productivity by being able to lessen boredom since you will be surrounded by people you can talk to. It Fits the Bill According to statistics, self-employment is on the rise, increasing by as much as 40% in the U.S . by 2020.
    Supreme Court pegs MBBS fee at ₹11 lakh

    Supreme Court pegs MBBS fee at ₹11 lakh

    Though Attorney General K K Venugopal pointed out that the allotment process is completed, the court did not consider it. The court came up with the order following a writ filed by Supreme Court lawyer Md Eunus Ali Akand.
    Android Nougat comes to Samsung Galaxy S5 Neo in Canada

    Android Nougat comes to Samsung Galaxy S5 Neo in Canada

    This is because Samsung is preparing for the release of the Android 7.0 Nougat for the Galaxy A and J series smartphones. If you don't know how to update your Samsung smartphone over-the-air, then here is how you should do it.
  • Cavaliers Cancel $140M Renovation Of Quicken Loans Arena

    Cavaliers Cancel $140M Renovation Of Quicken Loans Arena

    It has been a hectic offseason for Cleveland following their defeat at the hands of the Golden State Warriors in the NBA Finals. The Cavaliers' current lease in the Quicken Loans Arena (dubbed " The Q ") runs through the 2027 season.
    Eminem leads crowd in 'f- Trump' chant during music festival

    Eminem leads crowd in 'f- Trump' chant during music festival

    In a song released earlier this year on Big Sean's "I Decided" album, Eminem slammed Trump with similar profanity. MI native and superstar rapper Eminem was very blunt with the crowd at a concert this weekend.

    Residents can help Harvey victims as NC sends teams to Texas

    Some of the crews traveling to Texas helped rescue people trapped in floodwaters during Hurricane Matthew in October. North Carolina rescue crews are making their way to Texas as waters continue to rise from Tropical Storm Harvey.
  • Trai seeks views on sale of 5G services spectrum, other bands

    Trai seeks views on sale of 5G services spectrum, other bands

    It has sought comments by September 25, and counter-comments by October 3, following which it would send its recommendations to the DoT.
    Kroger customers encouraged to help raise support for hurricane relief efforts

    Kroger customers encouraged to help raise support for hurricane relief efforts

    The amount of each tax deductible donation will appear on the customer's receipt as a contribution to the American Red Cross . Red Cross offices across SC have sent about 50 volunteers, said John Madrid, disaster program manager for the Aiken office.

    Analyst Stock Recommendations For Martin Marietta Materials, Inc. (MLM), Team, Inc. (TISI)

    BlackRock Inc. raised its stake in Martin Marietta Materials by 3,137.5% in the first quarter. 10,000 were accumulated by Axa. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) has "Buy" rating given on Wednesday, October 26 by Suntrust Robinson.

Comments

Latest news

Money Saving Tips for Business Owners
JJBender.com is a trustworthy and reputable source of used office equipment that offers a wide variety of products. And in today’s economy, every small business owner is looking for ways to save money and reduce expenses.

Howie Roseman, Doug Pederson, and Jeffrey Lurie release statement on Jon Dorenbos
We have the utmost respect for his consistency and his relentless commitment to winning over the last 11 seasons. Dorenbos' departure likely means that Rick Lovato will be the Eagles' long snapper this season.

Chery has released a new teaser crossover for Europe
As we reported earlier in the month , Chery is looking to expand and believes this new global SUV model will help open the door. Of this number, approximately 100,000 vehicles were exported - representing nearly 30% of all Chinese vehicle exports.

Air Products and Chemicals, Inc. (APD), ICICI Bank Limited (IBN)
Greystone Investment Management Llc sold 27,959 shares as the company's stock declined 4.93% while stock markets rallied. Investors might also notice that three month ago the Buy recommendations (11) outnumbered Sell recommendations (1).

Ameriprise Financial Inc. Has $242.56 Million Stake in Amgen Inc. (AMGN)
Geode Cap Mgmt Ltd Liability Company stated it has 0.47% of its portfolio in Amgen, Inc. 661,005 are owned by Chevy Chase. Mizuho set a $195.00 target price on Amgen and gave the company a "buy" rating in a research report on Saturday, May 6th.

England v Windies: Watch pick of fifth day's action at Headingley
It was Ali who led the way with 84 off just 93 balls including 14 fours, while the recalled Woakes weighed in with an unbeaten 61. Apart from the two dismissals, West Indies have shown character and maintain a healthy run-rate.

This is how much money York residents have claimed on PPI
There were 64 million PPI policies sold by the likes of credit card and mortgage providers. However, millions of people are thought to have been mis-sold these policies.

Stetson football player dies after collapsing at practice
The team was preparing for its season opener at Sacred Heart University on Saturday in CT . He ultimately never got the opportunity to play in a college football game.

Tiemoue Bakayoko says Danny Drinkwater is welcome at Chelsea
Should Chelsea complete the transfer before Thursday's 11pm deadline, Conte will have four genuine options to choose from in the middle.

Liverpool 4-0 Arsenal: Wenger laments "disastrous" display
I won't go into detail as we all know how awful the game was, as was the Stoke game along with the lucky 4-3 victory over Leicester.

West Bridgewater Man Arrested In Murder Of 72-Year-Old Woman
The victim has been identified as 72-year-old Julia Fernandes and Cruz says both Lopes and the victim knew each other. A MA murder suspect who was arrested in North Providence could be extradited to the Bay State as early as Tuesday.

Palace: Expect 'speedy, truthful' probe on Kian killing
Thousands of people have been killed and the violence has been criticised by much of the worldwide community. She turned up in an unofficial capacity in May to address an academic conference on human rights.

The Starbucks Corporation (SBUX) Rating Reiterated by Cowen and Company
After this sale, 14,000 common shares of SBUX are directly owned by the insider, with total stake valued at $761,040. Saratoga Research & Investment Management increased Starbucks ( SBUX ) stake by 85.9% reported in 2016Q4 SEC filing.

How to Help Hurricane Harvey Victims
We have shelter supplies for more than 34,000 people with additional supplies for 18,000 people on the way. The agency also recommend completing and mailing the donation form on redcross .org with your check.

Whole Foods Market slashes prices - internet starts dancing with joy
Its aggressive pricing has been mounting pressure over its brick-and-mortar rivals, forcing them to press ahead with innovation. Here are the lower prices we found at the Pittsburgh location at 5880 Centre Ave. and the Philadelphia store at 929 South St.

Other news