Loan to help uranium mine clean-up in Argentina

29 September 2008

The World Bank is lending Argentina $30 million to help fund the safe decommissioning and cleansing of closed uranium mines in the country. The money will be spent by Argentina’s National Atomic Energy Commission (CNEA). The bank said it would enable Argentina “to meet its legal obligations to remediate closed uranium mines and milling facilities in a permanent manner, consistent with internationally accepted standards for the safe disposal and handling of hazardous materials.” The clean-up programme will start at a closed uranium processing site in Malargüe, Mendoza - a pilot scheme generating experience for remediating up to seven more closed uranium mining sites in Argentina.

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