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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared UPDATE 1-Volcanic ash relentless as tremors rock Iceland 18 Apr 2010 Iceland volcano sends new tremors, lower ash cloud 8:59am EDT TAKE-A-LOOK-Goldman Sachs faces fraud charges 10:16am EDT Airlines press to reopen European airspace 11:44am EDT U.S. considers options to curb Iran's nuclear program 18 Apr 2010 Day care sends sick kids home unnecessarily: study 1:12am EDT Airlines press to reopen European airspace 11:41am EDT Majority of Americans distrust the government 9:51am EDT UPDATE 1-Volcanic ash relentless as tremors rock Iceland 18 Apr 2010 Factbox: European airports and airspace closed by ash cloud 11:32am EDT Iran says to start work on new enrichment plant Ramin Mostafavi TEHRAN Mon Apr 19, 2010 9:38am EDT Related News Netanyahu urges tough petroleum sanctions on Iran 8:35am EDT Turkish minister in Iran to discuss nuclear row 8:36am EDT EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran. A military vehicle carrying the Shaheen missile, part of Iran's medium range anti-aircraft air defence system Mersad (Ambush), drives past a picture of Iran's Supreme Leader Ayatollah Ali Khamenei during a parade to commemorate the anniversary of army day in Tehran April 18, 2010. Credit: Reuters/Morteza Nikoubazl TEHRAN (Reuters) - Iran will start work on a new uranium enrichment nuclear plant, a senior official said on Monday, part of a big expansion of its nuclear programme which has contributed to fears in the West it aims to build a bomb. World Defying Western pressure to curb its sensitive nuclear work, Iran announced in November it planned to expand its enrichment activities by building 10 new sites. The announcement was condemned by the United States and its European allies. "The president has confirmed the designated location of a new nuclear site and on his order the building process will begin," Mojtaba Samareh-Hashemi, a senior adviser to President Mahmoud Ahmadinejad, told the semi-official ILNA news agency. "New locations on which the plants should be constructed this year have been determined and the construction will start stage by stage," Samareh-Hashemi was quoted as saying. Iran's top nuclear official Akbar Salehi told Reuters in February that Iran would start construction of two enrichment sites by March 2011. The U.N. nuclear watchdog has been seeking information from Iran about its vow to build 10 sites, a plan which analysts believe may be largely bluster for now as it would take many years if not decades to execute. Iran has not notified the International Atomic Energy Agency about the new site, a diplomat close to the Vienna-based body said. Under IAEA rules, countries are obliged to notify the agency as soon as they decide to build a nuclear facility. Failure to notify the IAEA would not automatically mean the agency would take any action; member states would have to vote on whether action should be taken. Iran has said it will only alert the agency of a new plant six months before nuclear materials are to be brought into it. SANCTIONS, HIGHER ENRICHMENT Washington is pushing for a fourth round of United Nations sanctions on Iran in the coming weeks to pressure it to halt its enrichment-related work, which Tehran says is entirely peaceful. Iran started higher-level enrichment in February, saying it needed the 20 percent enriched fuel for a research reactor in Tehran making medical isotopes. Such potent material is not necessary to generate electricity. Western officials fear Iran's move to escalate enrichment is ultimately meant to advance it on the road to generating weapons-grade uranium -- enriched to 90 percent purity. Tehran has said it is still willing to swap low-level enriched uranium for higher-grade fuel enriched abroad -- a move which would help address fears about Iran's enrichment activities -- but the exchange must happen on Iranian soil. The West believed it had persuaded Iran, at talks in Geneva last October, to hand over some of its uranium stocks to be enriched abroad, but that deal fell apart soon afterwards. Samareh-Hashemi said any import of enriched uranium would not mean Iran planned to stop its own enrichment. "The domestic production of (nuclear) fuel does not contradict importing it," he said. "We have started to produce uranium domestically based on our need to provide fuel for the Tehran research reactor and this will continue until our needs are met." In a separate development, state-owned Jam-e-Jam daily said Iran's ambassador to the U.N. International Atomic Energy Agency, Ali Asghar Soltanieh, would soon be stepping down as his term was coming to an end. Soltanieh was not immediately available to comment. (Additional reporting by Sylvia Westall in Vienna; Writing by Robin Pomeroy; Editing by Jon Hemming) World More from Reuters Airlines press to reopen European airspace PARIS (Reuters) - Airline industry group IATA called on Monday for steps to reopen European airspace shut down by a volcanic ash cloud and the European Commission said it may approve compensation for airlines losing $250 million a day. Toyota to pay $16.4 million U.S. fine In Asia, Goldman clients stay loyal for now | Video Al Qaeda's two top Iraq leaders killed in raid UK airspace to start reopening on Tuesday | Video Majority of Americans distrust the government » More Top News How bad can it get for Goldman? Goldman Sachs faces fraud charges for the first time in its history, setting the stage for the Wall Street powerhouse's biggest-ever showdown with the government. Full Article The new tougher, harsher SEC Felix Salmon: Time for contrition Goldman says charges are unfounded Corporate Crime Reuters Breakingviews: Goldman clients: Victims or fools The SEC's fraud charges against Goldman hinge on whether the investors who lost $1 billion by buying a fearfully complex product were fools or victims. Commentary Goldman fraud case hits stocks Goldman clients stay loyal for now Goldman Sachs © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week 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. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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