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China General Nuclear (CGN) is expected to acquire a 49% stake in Ortalyk LLP, a wholly-owned subsidiary of Kazakh uranium producer Kazatomprom, by mid-2021. The transfer of the stake was part of cooperation agreements signed between CGN and Kazatomprom in 2014, 2015 and 2016.
- Source: World Nuclear News
- Date: Wednesday, 06 January 2021
- Original article: world-nuclear-news.org/Articles/CGN-set-to-take-stake-in-Kazakh-uranium-mining-com
US-based nuclear fuel technology company Lightbridge Corporation has received a patent from the Eurasian Patent Office for its innovative nuclear fuel assemblies. This is a divisional patent and covers an all-metal fuel assembly design with a mixed grid fuel rod arrangement inside the fuel assembly.
- Source: NEI Magazine
- Date: Tuesday, 09 June 2020
- Original article: neimagazine.com/news/newsmore-patents-lightbridge-7961460
The International Atomic Energy Agency (IAEA) on 17 October took delivery of a shipment of low enriched uranium (LEU) at the purpose-built LEU Bank in Kazakhstan which is intended to provide assurance to countries about the availability of nuclear fuel. “With the arrival of the first shipment, the IAEA LEU Bank is now established and operational,” IAEA Acting Director General Cornel Feruta said. “It is the first time the Agency has undertaken a project of this legal, operational and logistical complexity.”
- Source: NEI Magazine
- Date: Thursday, 24 October 2019
- Original article: neimagazine.com/news/newsiaea-fuel-bank-begins-operation-7470035
The International Atomic Energy Agency took delivery of a shipment of low-enriched uranium (LEU) at a purpose-built facility in Kazakhstan on Thursday (17 October), officially establishing the agency’s LEU bank aimed at providing assurance to countries about the availability of nuclear fuel.
Owned by the IAEA and hosted by Kazakhstan, the bank is one of the agency’s most ambitious and challenging projects since it was founded in 1957. Plans for the facility were first passed by the IAEA board of governors in December 2010.
The bank has been fully funded by contributions from IAEA member states and other donors totalling $150m, covering estimated costs for 20 years of operation. Donors include the Nuclear Threat Initiative, the US, the European Union, the United Arab Emirates, Kuwait, Norway and Kazakhstan.
The bank offers a supply of last resort for IAEA member states that experience a supply disruption due to exceptional circumstances and are unable to secure nuclear power fuel from the commercial market, state-to-state arrangements or by any other means. It will be a physical reserve of 90 tonnes of LEU, the basic ingredient to fabricate fuel for nuclear power plants.
- Source: Nucnet
- Date: Saturday, 19 October 2019
- Original article: nucnet.org/news/first-delivery-sees-usd150-million-kazakhstan-facility-become-operational-10-5-2019
The International Atomic Energy Agency (IAEA) yesterday took delivery of the first shipment of low-enriched uranium (LEU) at a purpose-built storage facility at the Ulba Metallurgical Plant in eastern Kazakhstan. The delivery marks the official start of operation of the IAEA LEU Bank, aimed at providing assurance to countries about the availability of nuclear fuel.
- Source: World Nuclear News
- Date: Saturday, 19 October 2019
- Original article: world-nuclear-news.org/Articles/IAEA-fuel-bank-receives-first-delivery-of-uranium
Assystem and the Ministry of Energy of Uzbekistan have formalised the creation of a joint venture to oversee their cooperation in the implementation of the Central Asian country's energy transition. The development, which the French engineering group announced on 11 October, follows an agreement they signed on 16 May.
- Source: World Nuclear News
- Date: Friday, 18 October 2019
- Original article: world-nuclear-news.org/Articles/Assystem-Uzbek-energy-ministry-create-JV
Energy ministers from across Central Asia today committed their countries to collaborating on meeting the United Nations' seventh Sustainable Development Goal (SDG), which pledges 'affordable and clean energy' by 2030. The meeting is the first time they have come together to discuss the region's common energy challenges.
- Source: World Nuclear News
- Date: Saturday, 21 September 2019
- Original article: world-nuclear-news.org/Articles/Central-Asia-commits-to-affordable-and-clean-energ
Uzbekistan's preparations to build its first nuclear power plant are gathering pace with a sense of making up for lost time. The Central Asian country became a member of the International Atomic Energy Agency (IAEA) as long ago as 1994, has 50 years of experience in nuclear research and is the world's fifth biggest producer of uranium.
- Source: World Nuclear News
- Date: Friday, 04 October 2019
- Original article: world-nuclear-news.org/Articles/The-most-experienced-newcomer-to-nuclear-power
Mr Feruță told a meeting of the agency’s the board of governors in Vienna that the aim is to receive the second delivery by the end of the year.
The IAEA decided in December 2010 to establish the LEU bank as an assurance of supply mechanism of last resort for member states which experience a supply disruption due to exceptional circumstances and which are unable to secure nuclear power fuel from the commercial market or state-to-state arrangements.
- Source: Nucnet
- Date: Tuesday, 10 September 2019
- Original article: nucnet.org/news/first-leu-delivery-expected-within-several-weeks-9-1-2019
The International Atomic Energy Agency (IAEA) has held a pilot regional training course in Obninsk, Russia, on the security of radioactive material, including radioactive waste and mobile sources.
- Source: World Nuclear News
- Date: Friday, 04 January 2019
- Original article: world-nuclear-news.org/Articles/IAEA-pilots-new-course-on-security-of-sources