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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters North Korea says has made more arms-grade plutonium Tue Nov 3, 2009 7:42am EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Jon Herskovitz and Yoo Choonsik SEOUL (Reuters) - North Korea said on Tuesday it had completed reprocessing spent fuel rods at its Yongbyon nuclear plant and turned it into arms-grade plutonium, giving the mercurial state more material to produce atomic arms. The announcement comes after the reclusive North, hit with fresh U.N. sanctions to punish it for a nuclear test in May, has warmed up to the outside world in recent months and indicated it could return to stalled international nuclear talks. "We have finished reprocessing 8,000 spent fuel rods as of August. We have made substantial achievements in weaponizing plutonium from the extraction," KCNA said. Experts said the North might be able to produce enough material for at least one more atomic weapon from the spent fuel rods at its Soviet-era Yongbyon plant, which was being taken apart under a sputtering, six-way disarmament-for-aid deal. The North already had enough fissile material for about six to eight nuclear weapons, experts said. "They (North Korea) are just telling us that they are biding their time and increasing pressure on the United States ahead of bilateral talks," said Yang Moo-jin, a professor at the South's University of North Korean Studies. The North called on Monday for direct talks with its long-time foe, the United States, and gave the clearest signal so far it was ready to return to nuclear disarmament talks it has boycotted for almost a year. That followed last week's rare visit by a North Korean official to the United States and what has been a "charm" offensive by the ostracized state that some analysts say is looking increasingly desperate for finance and aid. FINANCIAL PINCH The sanctions following the nuclear test were aimed at cutting off the cash the North receives from its arms sales. Some estimates say those account for more than $1 billion a year in a state with a $17 billion annual economy. "The sanctions caused the North to drop its hard-line policy but we have not seen any indications yet that Pyongyang has made a strategic decision to change its nuclear arms policy," said a diplomatic source in Seoul. While North Korea would have to make concessions in the nuclear dealings if it wanted aid, few analysts think leader Kim Jong-il would ever give up his nuclear program, seen at home as the crowing achievement in his military-first rule that has also prevented a U.S. invasion. North Korea said in April it had started extracting fuel rods from its aging Yongbyon nuclear plant, a few weeks after the country was hit with separate U.N. punishment for a long-range rocket launch viewed as a disguised missile test that violated U.N. resolutions. The Yongbyon plant also houses an aging reactor and a plant that makes fuel to burn in the reactor. Those facilities and the reprocessing center were being taken apart under the nuclear deal among the two Koreas, China, Japan, Russia and the United States. South Korean government sources said there have been no indications yet the North has been rebuilding the reactor and fuel plant, which would signal it plans to restart all of Yongbyon, capable of producing about one bomb's worth of fissile material when fully operational, experts said. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Rwanda wants U.N. to send genocide convicts home Also On Reuters Analysis: CIT's bankruptcy exit fraught with uncertainty Video Video: Bankers don charity boxing gloves Slideshow Slideshow: Highlights as the Yankees and Phillies face off More International News Afghan leader Karzai vows inclusive government | Video Pakistani forces say enter a main Taliban base Czech president Klaus signs EU treaty Eq. Guinea pardons UK mercenary Mann for coup plot Karadzic says needs more time for genocide defense More International News... Related News FACTBOX: A look at North Korea's nuclear arms ambitions 4:33am EST Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video UPDATE 2-China clamps down on Activision's top online game Kids will need two doses of H1N1 flu vaccine Q+A: What are the stakes in the U.S.-China yuan tussle? Buffett to buy Burlington Northern | Video Lloyds, RBS agree to massive shake-up WRAPUP 1-India buys half of IMF's gold for sale; who's next? 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Full Article North Korea calls for direct talks with U.S. Factbox: A look at North Korea's arms ambitions Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Journalism Handbook | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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