Global Security Newswire
Daily News on Nuclear, Biological & Chemical Weapons, Terrorism and Related Issues
MOX Plant Expense Spikes by $2B, GAO Finds
A new Government Accountability Office report cites a $2 billion increase in the cost of a facility in South Carolina being built to convert nuclear weapon plutonium into nuclear reactor fuel, the Associated Press reported on Thursday.
The total cost for the facility at the National Nuclear Security Administration's Savannah River Site is now projected at slightly less than $7 billion. The mixed-oxide plant is not due to open for several years.
The update is included in a yearly GAO update on "high-risk" federal government operations. Congress' investigative arm indicates it is continuing to study the project.
"GAO is currently conducting work on NNSA's project to construct its Mixed-Oxide Fuel Fabrication Facility at the Savannah River Site, to which NNSA recently added $2 billion to the project's cost estimate even as the facility nears completion," the report states.
Feb. 14, 2014
A new paper develops a market-based roadmap for Russia to transition from HEU to LEU in the production of Molybdenum-99, ahead of the 2014 Nuclear Security Summit.
Jan. 27, 2014
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