World’s first Low Enriched Uranium Bank Flashcards
Where it is
In Oskemen Kazakhstan
How the bank works
The bank houses around 90 tonn of uranium that can be used to power a large reactor for 3yrs.
Russia will help in transportation of the material.
The borrowing countries have to bear the risk and cost of restocking
When was this started and who is nodal agency
Started in 2010 in IAEA(International Atomic Energy Agency)
IAEA
1 1957. vienna austria
2 International agency,autonomus.
3 Though established independently of the United Nations through its own international treaty, the IAEA Statute, the IAEA reports to both the United Nations General Assembly and Security Council..
4 Aims to prohibit use of nuclear in arms and promotes safe use in power and research.