International Isotopes has entered into an agreement with the Department of Energy to use its Advanced Test Reactor at the Idaho National Laboratory for the irradiation of cobalt targets for the production of cobalt-60, according to a Securities and Exchange Commission filing yesterday. The agreement allows the company to use the reactor for the next 10 years at a fixed price for all cobalt material from the ATR, with an annual 5% escalation in price, the filing said. The agreement began on Oct. 1, and it has an end date of Sept. 20, 2014. International Isotopes can opt out of the agreement, though, at any time upon 180 days’ advanced written notice to DOE. Terms of the deal are unknown , and International Isotopes could not be reached comment yesterday.
International Isotopes, DOE Enter Cobalt-60 Irradiation Agreement
Savannah River Site poised to resume uranium recovery
Uranium recovery at the Department of Energy’s Savannah River Site in South Carolina will resume next month when the site’s H Canyon facility restarts head end operations, meaning it will begin the initial processing stage. During an SRS Citizens Advisory Board (CAB) meeting on Tuesday, the site’s DOE Office of Environmental Management executive Edwin Deshong […]