Saturday, October 17, 2009

IAEA to Host Iran Conference

International Atomic Energy Agency will host talks between Iran, Russia, France and the US on Monday to work out an agreement allowing Iran to ship most of its stockpile of low-grade enriched uranium produced in Natanz to Russia and France for further enrichment for use at Tehran’s nuclear research reactor. The reactor, which makes isotopes for medical uses such as cancer treatment, runs on uranium enriched to 19.75 percent.

Until now, the fuel has come from a batch purchased by Iran from Argentina back in 1993, which is running low. Iran informed the IAEA in June that the current batch would run out by the end of 2010.

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