Mohammad Eslami, head of the Atomic Vitality Group of Iran (AEOI), mentioned on Monday that Iran has made important progress lately in producing heavy water and its derivatives.
Eslami mentioned the progress has been achieved regardless of the West’s continued objections to Iran’s nuclear endeavors and its technological development within the manufacturing of heavy water.
He mentioned the principle motive for the West’s irritation is the massive financial potential that exists in Iran’s heavy water manufacturing, including that the nation can fetch 1000’s of {dollars} for every gram of by-products obtained from heavy water manufacturing.
“Every (metric) ton of methanol produced from heavy water is value $1.2 million whereas the worth of the methanol produced in petrochemical crops is lower than $500 (per ton),” mentioned the AEOI chief.
Eslami acknowledged that Western nations, together with the US, have admitted that the heavy water produced in Iran has the best diploma of purity on the earth.
He added that Iran can enhance its share of the worldwide heavy water market from the present 12.5% if it decides to promote the by-products produced within the sector.
The official made the feedback throughout a speech in Tehran the place he defended using peaceable nuclear expertise for responding to Iran’s varied wants.
He mentioned that Iran’s solely nuclear energy plant on the Persian Gulf coast has enabled the nation to chop some $8 billion from its oil consumption invoice since 2001 when the plant was inaugurated with a complete funding of $1.8 billion.
