Government of Norway pledged to support the idea of IAEA administered fuel bank and to contribute $5 million to it. This particular fuel bank project was initiated by the Nuclear Threat Initiative, which in 2006 secured a contribution of $100 million from Warren Buffet. This contribution, however, is contingent on others providing additional $50 million.
Norway pledges $5 million to a fuel bank
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As reported by TotalWonkerr. UAE's $10 million adds to previous contributions from Norway ($5 million) and the United States ($50 million). It is $35 million to go to meet the goal of $100 million, which is a condition of releasing... Read More
DoE announced that it donates $50 million to the IAEA fuel bank project supported by NTI. This contribution would go toward the $100 million that is necessary to release the $50 million pledged to the fuel bank by Warren Buffet.... Read More
An IAEA release said that today's pledge by Kuwait followed contributions by Norway ($5 million), the United States ($50 million), the United Arab Emirates ($10 million) and the European Union (€25 million or $32 million). NTI noted that the overall... Read More
The Board of Directors of the International Atomic Energy Agency approved the plan to create an IAEA-run nuclear fuel bank. According to the AP report, Venezuela, Tunisia, South Africa, Ecuador, Brazil and Argentina abstained during the vote.... Read More
