http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.04Change: -0.16
R/$ = 12.07Change: -0.10
Au 1204.60 $/ozChange: 1.40
Pt 1170.50 $/ozChange: 4.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Nov 16, 2012

International uranium enrichment facility attracts interest as it starts delivering

Back
Construction|Moscow|Africa|Design|Fabrication|Nuclear|Rosatom|Africa|Armenia|Bangladesh|Kazakhstan|Russia|South Africa|South Korea|Ukraine|United Arab Emirates|Vietnam|Energy|Nuclear|Nuclear Fuel Cycle Services|Peaceful Nuclear Energy|Services|Gleb Efremov|Infrastructure|Mohamed El Baradei|Power|Vladimir Putin
Construction||Africa|Design|Fabrication|Nuclear||Africa||Energy|Nuclear|Services|Infrastructure|Power|
construction|moscow|africa-company|design|fabrication|nuclear-company|rosatom|africa|armenia|bangladesh|kazakhstan|russia|south-africa|south-korea|ukraine|united-arab-emirates|vietnam|energy|nuclear-industry-term|nuclear-fuel-cycle-services|peaceful-nuclear-energy|services|gleb-efremov|infrastructure|mohamed-el-baradei|power|vladimir-putin
© Reuse this



The International Uranium Enrichment Centre (IUEC), the Moscow-based Russian initiative that currently has four member countries, could gain more members in the near future. “A number of countries are interested in the IUEC,” reveals IUEC commercial director Gleb Efremov. “We can name Vietnam, South Korea, Bangladesh and the United Arab Emirates.”
In the recent past, discussions have also been held with South Africa, although these are currently in abeyance, perhaps because the South African government has not yet relaunched its new nuclear power plant (NPP) construction programme. “We’ve had a couple of meetings with South African companies and they were interested in our company,” he reports. “We are open to further discussions.”
The IUEC was launched, as a concept, five years ago. It was a proposal by the then (and now, again) Russian President, Vladimir Putin. The idea was to create a global infrastructure that would allow all countries pursuing peaceful nuclear energy to have access to the nuclear fuel cycle, without risk of politically motivated disruptions.
“This has been an objective of the IAEA (International Atomic Energy Agency), but it is difficult to do,” points out Efremov. “President Putin’s idea was to create a number of nuclear fuel centres around the world, but under the control of the IAEA, to supply nuclear fuel cycle services, including enrichment, to third [party] countries on a nondiscriminatory basis.” This would mean that these countries would not need to develop their own uranium enrichment facilities, thereby reducing the risk of nuclear weapons proliferation.
This initiative was supported by Kazakhstan, and the two countries combined to create the IUEC, subsequently being joined by Armenia and Ukraine. Russia, through its State-owned nuclear company, Rosatom, holds 70% plus one share of the IUEC. However, the com- pany will sell up to 20% (minus one share) of IUEC equity to new members, which would reduce the Russian group’s long- term shareholding to 50% plus one share (but no less than this). Kazakhstan, Armenia and Ukraine each hold 10%, again through State-owned companies in the nuclear sector.
“I’m proud to say that this year we saw the first commercial supply to one of our shareholders – Ukraine,” he highlights. “This proves our company works. From a proposal to actual supply in just five years – this means we’re a success.” The natural uranium that was enriched by the IUEC was supplied by Ukraine. This low-enriched uranium was then delivered by the IUEC to a Russian fuel fabrication facility, TVEL, which then delivered the completed fuel assemblies to Ukraine.
The IUEC has developed another function as well. “In 2009, we decided to support the initiative of the then IAEA director-general, Mohamed El Baradei, to establish fuel banks all around the world to provide an emergency fuel supply for countries suffering from non-commercial disruptions in their fuel supply,” explains Efremov. This initiative, in cooperation with, and under the aegis of, the IAEA, was launched in 2010.
“We are the first company, and the only centre in the world, that operates an emergency fuel bank for the IAEA.” The fuel bank is located at a chemical plant in the Irkutsk region of Siberia and currently contains a reserve of 120 t of low-enriched uranium. This is enough to produce two full reloads for a 1 MW reactor. The enrichment level of the uranium varies from 2.8% to 4.95%, thereby making it suitable for a variety of reactor designs. This material is the property of the Russian Federation, but, in accordance with the agreement with the IAEA, must be made available, within prescribed time limits, to any country designated by the IAEA director-general (currently, Yukiya Amano). “It could be delivered to a fabrication facility for the production of fuel assemblies for any design of reactor,” points out Efremov.

Edited by: Martin Zhuwakinyu
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Electricity News
South African mining and energy adviser Ted Blom has raised a litany of concerns about the state of power utility Eskom and has warned of runaway costs and shortfalls in coal and water, as well as rail capacity. Blom was surprised by the recent buoyancy shown by...
State-owned power utility Eskom has warned that it is highly likely that there will be load-shedding this weekend, as, along with its “massive maintenance drive” to improve the performance and reliability of its power generating units ahead of the expected peak...
Oil firm Chevron said on Friday it has offered to supply South Africa's electricity firm Eskom with excess diesel from its Cape Town refinery, to help run some of its generators. Steve Hegarty, the general manager for strategy at the oil major's South African unit...
More
 
 
Latest News
South African mining and energy adviser Ted Blom has raised a litany of concerns about the state of power utility Eskom and has warned of runaway costs and shortfalls in coal and water, as well as rail capacity. Blom was surprised by the recent buoyancy shown by...
JSE-listed Astrapak will sell specialised packaging systems manufacturer Knilam to Mapflex SA for R17.7-million. The proceeds would be used to reduce Astrapak’s current level of gearing.
The last of the 26 mooring units comprising the Port of Ngqura’s automated mooring system (AMS) have arrived at the port and are expected to improve port efficiency and safety, further driving the Transnet National Ports Authority’s (TNPA’s) objective of establishing...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
Sappi Southern Africa CEO Alex Thiel
Forest products group Sappi has confirmed the selection of its 25 MW biomass-to-power project, to be erected at its Ngodwana mill, in Mpumalanga, as a preferred bidder under the South African government’s Renewable Energy Independent Power Producer Procurement...
Information and communications technology (ICT) distributor DCC is making Windows- and Android-operating systems tablets available through retailers and education equipment suppliers to provide school children with affordable, high-performance education tools. The...
Another cement manufacturer is set to enter the Ugandan market, raising hopes that prices will come down and spur growth in the construction industry. National Cement, a Kenyan manufacturer, has unveiled plans to invest $195-million in a new manufacturing plant in...
With growth rates exceeding that in the developed world – at an average of between 4% and 5% between 2002 and 2014 – African countries provide investors with ample reason to tap into booming consumer demand says Manufacturing Circle executive director Coenraad...
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) decreased by 3.7 index points month-on-month to 89.1 in March.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96