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
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