IAEA purchases low-enriched uranium for LEU Bank in Kazakhstan

Dec 4, 2018 10:11 am

The International Atomic Energy Agency (IAEA) has signed contracts to purchase low-enriched uranium (LEU) to start operation of a Low-Enriched Uranium Bank in Kazakhstan in 2019.

The purchase will be the IAEA’s largest procurement since its foundation in 1957. The acquisition contracts were signed with two suppliers, Kazatomprom National Atomic Company from Kazakhstan and Orano Cycle. They both will supply LEU, the basic ingredient to produce nuclear power fuel, for transport to a facility in Ust-Kamenogorsk (the East Kazakhstan region) where the material will be stored.

According to the IAEA’s standard procedures for open tender, the names of the successful bidders have been published at the United Nations Global Marketplace (UNGM) web site.

Source URL: http://eurasiatx.com/iaea-purchases-low-enriched-uranium-leu-bank-kazakhstan/