Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Iran makes nuclear advance despite talks to salvage 2015 deal

WorldDec 01, 2021 10:42PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: The logo of the International Atomic Energy Agency (IAEA) is seen at the IAEA headquarters, amid the coronavirus disease (COVID-19) pandemic, in Vienna, Austria May 24, 2021. REUTERS/Lisi Niesner

By Francois Murphy and Parisa Hafezi

VIENNA (Reuters) -Iran has started producing enriched uranium with more efficient advanced centrifuges at its Fordow plant dug into a mountain, the U.N. atomic watchdog said on Wednesday, further eroding the 2015 Iran nuclear deal during talks with the West on saving it.

The announcement appeared to undercut indirect talks between Iran and the United States on bringing both fully back into the battered deal that resumed this week after a five-month break prompted by the election of hardline President Ebrahim Raisi.

Western negotiators fear Iran is creating facts on the ground to gain leverage in the talks.

On the third day of this round of talks, the International Atomic Energy Agency (IAEA) said Iran had started the process of enriching uranium to up to 20% purity with one cascade, or cluster, of 166 advanced IR-6 machines at Fordow. Those machines are far more efficient than the first-generation IR-1.

Underlining how badly eroded the deal is, that pact does not allow Iran to enrich uranium at Fordow at all. Until now Iran had been producing enriched uranium there with IR-1 machines and had enriched with some IR-6s without keeping the product.

It has 94 IR-6 machines installed in a cascade at Fordow that is not yet operating, the IAEA said in a statement.

A more comprehensive IAEA report circulated to member states and seen by Reuters said that as a result of Iran's move the nuclear watchdog planned to step up inspections at the Fordow Fuel Enrichment Plant (FFEP) that houses the centrifuges, but the details still need to be ironed out.

Iran played down the report as routine despite the fact that the IAEA, which does not explicitly give a reason for such reports, typically issues them only for significant developments such as fresh breaches of the deal's nuclear restrictions.

"The recent report of the IAEA on Iran's nuclear activities, is an ordinary update in line with regular verification in Iran," Iran's permanent mission to the U.N. organizations in Vienna said on Twitter (NYSE:TWTR).

However, IAEA Director General Rafael Grossi made clear he viewed the development with concern.

"This redoubles the alert. It is not banal. Iran can do it, but if you have such an ambition you need to accept inspections. It's necessary," Grossi told French broadcaster France 24.

Iran and major powers are trying to revive the 2015 deal under which Tehran limited its nuclear programme in exchange for relief from U.S., EU and U.N. economic sanctions.

U.S. then-President Donald Trump abandoned the deal in 2018 and reimposed harsh U.S. sanctions, angering Iran and dismaying the other parties: Britain, China, France, Germany and Russia.

This week's indirect talks between Tehran and Washington - with others shuttling between them because Iran refuses to meet U.S. officials - have made no visible progress.

Iran's foreign ministry spokesperson on Wednesday accused Israel of "trumpeting lies to poison" the talks.

While it was unclear what the spokesperson was referring to, a Tel Aviv-based reporter for U.S. news organization Axios on Monday reported that Israel had shared intelligence with Washington and European allies suggesting Iran was taking technical steps to prepare to enrich uranium to 90% purity, the level needed for a nuclear weapon.

Iran says its nuclear programme is for purely peaceful purposes.

Iran makes nuclear advance despite talks to salvage 2015 deal
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email