IAEA opens world’s first low Enriched Uranium bank in Kazakhstan
August 30th, 2017
The UN global nuclear watchdog, International Atomic Energy Agency (IAEA) has opened world’s first low Enriched Uranium (LEU) Bank in Oskemen in Kazakhstan. The bank is owned and managed by IAEA. It will be the first of its kind LEU bank not to be under control of any individual country. The IAEA also manages 123 tons of uranium in Angarsk, Russia but it is under the control of Russian government.