AIRLINK 195.55 Increased By ▲ 1.99 (1.03%)
BOP 10.17 Increased By ▲ 0.22 (2.21%)
CNERGY 7.87 Decreased By ▼ -0.06 (-0.76%)
FCCL 39.90 Decreased By ▼ -0.75 (-1.85%)
FFL 17.08 Increased By ▲ 0.22 (1.3%)
FLYNG 27.08 Decreased By ▼ -0.67 (-2.41%)
HUBC 134.00 Increased By ▲ 1.42 (1.07%)
HUMNL 14.05 Increased By ▲ 0.16 (1.15%)
KEL 4.77 Increased By ▲ 0.17 (3.7%)
KOSM 6.64 Increased By ▲ 0.02 (0.3%)
MLCF 47.20 Decreased By ▼ -0.40 (-0.84%)
OGDC 214.90 Increased By ▲ 0.99 (0.46%)
PACE 6.96 Increased By ▲ 0.03 (0.43%)
PAEL 42.00 Increased By ▲ 0.76 (1.84%)
PIAHCLA 17.20 Increased By ▲ 0.05 (0.29%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.44 Decreased By ▼ -0.20 (-2.07%)
PPL 183.99 Increased By ▲ 1.64 (0.9%)
PRL 42.66 Increased By ▲ 0.70 (1.67%)
PTC 25.00 Increased By ▲ 0.10 (0.4%)
SEARL 109.70 Increased By ▲ 2.86 (2.68%)
SILK 1.00 Increased By ▲ 0.01 (1.01%)
SSGC 44.11 Increased By ▲ 4.01 (10%)
SYM 18.13 Increased By ▲ 0.66 (3.78%)
TELE 8.91 Increased By ▲ 0.07 (0.79%)
TPLP 13.09 Increased By ▲ 0.34 (2.67%)
TRG 67.30 Increased By ▲ 0.35 (0.52%)
WAVESAPP 11.68 Increased By ▲ 0.35 (3.09%)
WTL 1.84 Increased By ▲ 0.05 (2.79%)
YOUW 4.05 Decreased By ▼ -0.02 (-0.49%)
BR100 12,240 Increased By 195.6 (1.62%)
BR30 36,915 Increased By 335.1 (0.92%)
KSE100 115,486 Increased By 1448.2 (1.27%)
KSE30 36,281 Increased By 486.6 (1.36%)

The Trump administration plans to kill a project it says would have cost tens of billions of dollars to convert plutonium from Cold War-era nuclear bombs and burn it to generate electricity, according to a document it sent to Congress last week.
The Department of Energy submitted a document on May 10 to Senate and House of Representative committees saying that the Mixed Oxide (MOX) project at the Savannah River Site in South Carolina would cost about $48 billion more than $7.6 billion already spent on it. The United States has never built a MOX plant.
Instead of completing MOX, the administration, like the Obama administration before it, wants to blend the 34 tonnes of deadly plutonium - enough to make about 8,000 nuclear weapons - with an inert substance and bury it underground in a New Mexico's Waste Isolation Pilot Plant (WIPP). Burying the plutonium would cost about $19.9 billion, according to the document, a copy of which was seen by Reuters.
"We are currently processing plutonium in South Carolina for shipment (to WIPP) ... and intend to continue to do so," Energy Secretary Rick Perry said in a letter sent to committee leaders. Legislation passed in February allows the Energy Department to advance burying the plutonium if it showed that the cost would be less than half of completing MOX.
South Carolina politicians, including Senator Lindsey Graham, have defended the MOX plant, saying it is about 70 percent complete, would help keep plutonium out of the hands of militants, and provide up to 600 direct jobs.

Copyright Reuters, 2018

Comments

Comments are closed.