Iran Makes Uranium Metal in Breach of Nuclear Deal

Iran has produced a material that is banned under the 2015 nuclear accords and could be used to form the core of a nuclear weapon, as it seeks to step up pressure on the Biden administration to lift economic sanctions on Tehran.

A confidential report by the United Nations atomic agency, seen by The Wall Street Journal, said Iran had started producing uranium metal on Feb. 6 at a nuclear facility in Isfahan that is under the agency’s inspection.

The material produced was a small amount of natural uranium metal, the International Atomic Energy Agency reported, meaning it wasn’t enriched. To use uranium metal for a nuclear weapon’s core, Iran would need around half a kilogram, or slightly more than one pound, of highly enriched uranium metal, experts say.

The Iranian government in December warned that it would start producing uranium metal within five months, following a law passed in Iran’s Parliament on Dec. 1, a threat that alarmed Western diplomats.

Iran has taken a series of recent steps in breach of the 2015 nuclear accord, from which the Trump administration withdrew. Tehran has increased its production of nuclear fuel, carried out enrichment in locations it isn’t supposed to use, and earlier this year produced 20% enriched uranium, the highest purity of the material it has made since 2013.

Read More

Spread the love
Nicholas ‘Nick’ Statman entered the property industry in 2001 and set up a property buying company that quickly established itself as one of the biggest in the sector. During this time the Company successfully transacted on thousands of residential properties across the UK. Nicholas Statman was an early pioneer of the ‘quick sale’ niche market which has since grown considerably with a multitude of companies now operating in the sector. Nicholas Statman has strategically built a sizeable residential and commercial property portfolio with a view to holding for optimum capital growth and a long term passive income. Nicholas Statman has been involved in almost every aspect of the property sector over a 20 year period – this includes buying and selling, development, letting and management and is now involved in the fast growing online/ hybrid Estate Agent industry.

Latest articles

‎Aramco’s pause of plans to boost production capacity to...

‎ SP Global Ratings Agency expected the slowdown in capital spending growth for oil companies in the GCC region and Saudi Aramco's pause of plans to increase its maximum production capacity will lead to a decrease in demand for drilling rigs, usage rates, and average daily rates...

‎Saudi holdings of US Treasuries fall to $130.5B in...

‎ Saudi Arabia’s holdings of US Treasuries reached $130.5 billion in February 2024, down $3.2 million month-on-month, new data released by the US Treasury showed. Accordingly, the Kingdom maintained its 17th place among the largest holders of US treasury securities for the month. Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth…

‎Qomel offer price set at SAR 80/share

‎ Logo of Qomel Co. Watheeq Capital, the financial advisor on the initial public offering of Qomel Co. on Nomu-Parallel Market, announced that the latter’s offering price was set at SAR 80 per share. The initial public offering (IPO) will run between April 21-25, according to a statement to Tadawul today...

Similar articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe to our newsletter

Spread the love