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*Iran Developing Second Uranium Enrichment Plant Capable Of Making Nuclear Bomb 9/25/2009 9:51 AM ET* (RTTNews) - International Atomic Energy Agency (IAEA) has confirmed Friday reports that the Iranian government has disclosed to the UN nuclear watchdog the existence of a second uranium enrichment plant. *The news, alarming the international community, comes a day after a historic UN Security Council meeting unanimously adopted a resolution calling on states to prevent the spread of nuclear weapons, promote disarmament and reduce the risk of nuclear terrorism.* *IAEA spokesman Marc Vidricaire told reporters that Monday, Iran informed in a letter sent to the Vienna-based UN agency chief Mohammed ElBaradei that "a new pilot fuel enrichment plant is under construction in the country."* *Details about the location of the facility, the status of its operations, or the type and number of centrifuges it was running, were not revealed in the letter, but said additional information would be provided "in an appropriate and due time." * *Iran reportedly admitted to the site after finding out that Western intelligence agencies knew about the project. * *The new facility, located on a military base near the holy city of Qom, south of Tehran, is big enough to house 3,000 centrifuges, the diplomat said, quoting intelligence reports.* *That is sufficient to manufacture bomb-making material, but not enough to power a nuclear reactor, he added.* *The IAEA has sought from Tehran specific information and access to the nuclear facility as soon as possible.* *Tehran, which boasts of its increasing nuclear capacity from time to time, claimed Tuesday that it has developed a "new generation" of high capacity centrifuges for enriching uranium and is testing them. * *Ali Akbar Salehi, the head of Iran's nuclear energy agency, told a press conference that its Natanz enrichment plant can enrich uranium with "more than five times the output capacity" of the earlier standard centrifuges. * *Iran is facing the threat of a fifth round of sanctions from the Security Council to pressure it to stop uranium enrichment. The Islamic nation denies accusations that it is seeking to develop nuclear weapons, and insists that uranium enrichment is meant for peaceful purposes.* *Ending more than a year of deadlock on Iran's talks with the international community, the Islamic republic and six world powers are set to discuss on October 1 a package of proposals put forward by Tehran.* *It is not clear whether Iran agreed to talks on its disputed nuclear program or the discussions will be confined to global nuclear disarmament. * *Read whole article http://tanmaygopal.blogspot.com/2009/09/will-this-impact-markets-in-near-future.html * --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
