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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Africa Europe Latin America Middle East North America Iran plans 10 new enrichment plants in 2010/11 Reuters - Monday, February 8 Send IM Story Print TEHRAN - Iran plans to build 10 new uranium enrichment facilities during the next Iranian year, its atomic energy chief was quoted as saying, in comments likely to further raise tension with the West. The statement by Ali Akbar Salehi on Sunday evening comes after President Mahmoud Ahmadinejad earlier in the day instructed Iran's Atomic Energy Organisation to start work on producing higher-grade nuclear fuel for a Tehran reactor. Iran's announcement raised the stakes in its dispute with the West, but Ahmadinejad said talks were still possible on a nuclear swap offer by world powers designed to allay fears the Islamic Republic is making an atomic bomb. Salehi, who heads the Atomic Energy Organisation, also on Sunday said Iran would start producing uranium enriched to a level of 20 percent on Tuesday, in the presence of inspectors from the International Atomic Energy Agency . He said Iran will formally inform the Vienna-based U.N. agency about the move in a letter on Monday, Iran's Arabic-language television station al Alam reported. He earlier said production would take place at Iran's Natanz site. But Salehi also suggested production would be halted if Iran received fuel enriched to 20 percent from abroad. Iran has expressed readiness to exchange its low-enriched uranium for higher-grade fuel, but wants amendments to the U.N.-drafted plan. "Iran would halt its enrichment process for the Tehran research reactor any time it receives the necessary fuel for it," Salehi said. Iran in November announced plans to build 10 new enrichment plants in a major expansion of its atomic programme, but did not specify the timeframe. The West fears Iran's nuclear work is aimed at making bombs. Tehran denies the charge. "Iran will set up 10 uranium enrichment centres next year," al Alam quoted Salehi as saying. The Iranian year starts on March 21. Analysts have expressed scepticism whether sanctions-bound Iran, which has problems obtaining materials and components abroad, would be able to equip and operate 10 new plants. Enriched uranium can be used as fuel for nuclear power plants and, if refined much further, provide material for bombs. Iran currently enriches uranium to a level of 3.5 percent. A nuclear bomb would require 80 percent or more. Recommend Send IM Story Print Related Articles Yanukovich, monitors, press Ukraine PM to concede Reuters - 58 minutes ago Muslim man wins handshake case in Sweden AP - 1 hour 6 minutes ago Frightened Afghans flee offensive in opium valley AFP - 1 hour 9 minutes ago Official: About 5 unaccounted for after CT blast AP - 1 hour 18 minutes ago Palestinian municipal elections set for July 17 AP - 1 hour 23 minutes ago News Search Top Stories Saints go marching in with Super Bowl win over Colts Geithner confident investors will stick by US bonds Poor weather delays US shuttle launch Britain's Mandelson attacks EU on banking reform US shuttle Endeavour launch delayed More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended G7 preoccupied with eurozone debt, China 'bubble' JPMorgan's chief reaps 16-million-dollar bonus Jackson doctor to be charged Monday: prosecutors Saints go marching in with Super Bowl win over Colts Geithner confident investors will stick by US bonds More Most Viewed » Fury heats up after new AIG bonuses More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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