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Free AccessNatanz Plant To Begin 60% Uranium Enrichment In Blow To JCPoA Hopes
Iran's chief nuclear negotiator Abbas Araqchi announced to state-run Press TV that the Natanz nuclear enrichment facility, which was the subject of a major cyber attack at the weekend that resulted in an explosion damaging the power supply to enrichment centrifuges, will begin to enrich uranium to 60% purity once new centrifuges are delivered to the site.
- Iran is currently enriching uranium to 20% purity, well above the 3.67% purity allowed by the Joint Comprehensive Plan of Action (JCPoA, the Iran nuclear deal). To reach weapons grade, Iran would have to enrich uranium to around 90% purity.
- Iran has blamed Israel for the cyber attack. The Israeli gov't has not claimed responsibility but also not directly denied its involvement.
- The ongoing talks in Vienna regarding hopes that the US could be drawn back to the negotiating table on the JCPoA or a similar deal are likely to have been dealt a significant blow by Iran's announcement of heightened uranium enrichment.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.