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by October 18, 2019 Market

The first batch of low enriched uranium (LEU) was delivered to the LEU Bank of the International Atomic Energy Agency (IAEA), located in Ust-Kamenogorsk, on October 16, 2019, reports with reference to the MFA’s press service.

The international project to create the IAEA Low Enriched Uranium Bank in Kazakhstan was successfully implemented at the initiative of First President of Kazakhstan, Elbasy Nursultan Nazarbayev.

The IAEA LEU Bank will store 90 metric tons of uranium hexafluoride suitable for manufacturing of fuel for a standard light-water reactor at nuclear power plants. This reserve of LEU is not a radioactive waste, does not pose a threat to the population and the environment. It is provided in case the IAEA Member States are faced with the cessation of traditional fuel supplies for political reasons.

Thanks to the investments of Kazakhstan and the IAEA, the necessary infrastructure for the safe storage of uranium has been created on the basis of the Ulba Metallurgical Plant.

The IAEA LEU Bank is an important contribution of Kazakhstan and a confirmation of its leading role in strengthening international security and the nuclear non-proliferation regime.

The suppliers of the material for the IAEA LEU Bank are the Kazakhstan’s NAC Kazatomprom JSC and the French company Orano-Cycle.

The signing of the documents between Kazakhstan and the IAEA on the establishment of the IAEA LEUB took place in August 2015 in the Kazakh capital during the visit of IAEA Director General Yukiya Amano.

Source: Kazakhtan 2050