New Nuclear Enrichment Facility Opens at Tehran - Financial Buzz

New Nuclear Enrichment Facility Opens at Tehran - Financial Buzz: The nuclear chief of Iran inaugurated a new nuclear enrichment facility. The Islamic Republic's nuclear enrichment facility will be producing centrifuges under the conditions signed by Tehran, the capital city, in a deal with other world powers.

The local television broadcasted an interview with the head of the Atomic Energy Organization of Iran, Ali Akbar Salehi, in which the facility at the Natanz's uranium enrichment center was showcased.

During the interview, Salehi said that the construction of the facility had commenced much before the deal was signed in 2015. The first centrifuges to be produced will be the old-generation centrifuges and Salehi hopes that they will be completed within a month.

The U.N. nuclear watchdog was informed that Iran would be increasing its nuclear enrichment capacity but will take care so as to stay within limits defined by the deal. It is believed that this gesture may or may not have been directed at President Trump's withdrawal from the said deal.

Iran and other world powers sign deal limiting Iran's use of enriched uranium



The agreement promised to lift sanctions that crippled Iran's economic growth in exchange for which Tehran was asked