IAEA Says 2.5 Tons Of Uranium Has “Gone Missing” From Libyan Sites

The International Atomic Energy Agency (IAEA) of the United Nations has reported that roughly 2.5 tonnes of natural uranium has gone missing from a location in Libya that is not under government control.

IAEA chief Rafael Grossi informed the organization’s member nations that inspectors discovered 10 drums of uranium ore concentrate had gone missing and “were not present as previously declared” at the facility in Libya.

The agency’s inspectors “found that 10 drums containing approximately 2.5 tons of natural uranium in the form of UOC (uranium ore concentrate) previously declared by (Libya) … as being stored at that location were not present at the location,” according to a statement released on Wednesday.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

“The loss of knowledge about the present location of nuclear material may present a radiological risk as well as nuclear security concerns,” the IAEA said, adding that reaching the site required “complex logistics”.

The IAEA added that it will conduct additional activities “to clarify the circumstances of the removal of the nuclear material and its current location.”

The uranium was thought to have gone missing as a result of an inspection that was originally scheduled for last year but “had to be postponed because of the security situation in the region” and was just eventually completed on Tuesday.

Libya, led by Muammar Gaddafi, relinquished its nuclear, chemical, and biological weapons programs in 2003 after covert talks with the United States and the United Kingdom. Gaddafi’s dictatorship had obtained centrifuges capable of enriching uranium as well as design information for a nuclear bomb, but the country made little progress toward developing a nuclear weapon.

After a NATO-supported rebellion and Gaddafi’s ouster in 2011, the country has been plagued by political crises and conflicting militias backed by foreign powers. Political power in the country is still divided between a purportedly temporary administration in the western city of Tripoli and another in the east backed by military strongman Khalifa Haftar.

Libya’s interim government, established in early 2021 through a United Nations-backed peace plan, was only supposed to continue until a December election, which has yet to take place, and its legality is now being questioned.


Information for this briefing was found via Reuters, AlJazeera, and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Related News

The State Of The Uranium Market – With John Ciampaglia

Rather than issue an episode of The Daily Dive today, we’re bringing to you a...

Thursday, May 26, 2022, 01:30:00 PM

Cameco Explores Collaboration With GE Hitachi To Deploy Small Modular Nuclear Reactors

Cameco (TSX: CCO) announced this morning that it has entered into a memorandum of understanding...

Wednesday, July 7, 2021, 10:33:00 AM

Pegasus Resources Looks To Acquire Uranium Assets In Athabasca Basin

Uranium, by all accounts, appears to be the hot ticket right now. At least, Pegasus...

Monday, September 20, 2021, 08:34:57 AM

Emmanuel Macron Proposes $47 Billion Plan Towards Green Energy, Nuclear Reactor Construction

Despite the entirety of Europe collapsing into a tailspin of energy hyperinflation that has sent...

Wednesday, October 13, 2021, 10:09:00 AM

Storms Disrupt Uranium Mining Operations in Kazakhstan, Impacting Global Supply

Severe storms in southern Kazakhstan have disrupted operations at multiple uranium mines, including the crucial...

Saturday, April 27, 2024, 07:21:00 AM