Commodities, Energy, Stocks

Fukushima Nuclear Plant: 70-Fold Radiation Spike

Another radioactive water leak in the sea has been detected at the crippled Fukushima nuclear plant, the facility’s operator TEPCO announced. Contamination levels in the gutter reportedly spiked up 70 times over regular readingsRT reported today.

Nuclear

The levels of contamination were between 50 and 70 times higher than Fukushima’s already elevated radioactive status, and were detected at about 10 am local time (1.00 am GMT), AFP reported.

Throughout Sunday, contamination levels fell, but still measured 10 to 20 times more than prior to the leak.

It was not immediately clear what caused the original spike of the contamination and its gradual fall, a company spokesman said.

We have shut the gutter [from pouring water to the bay]. We are currently monitoring the sensors at the gutter and seeing the trend” he said.

Tokyo Electric Power Co (TEPCO) “has not been able to effectively deal with an increasing amount of contaminated water, used to cool the crippled reactors and molten fuels inside them and kept in large storage tanks on the plant’s vast campus“, ABC News reported.

Earlier this week, the UN nuclear watchdog (IAEA) said Japan had made significant progress, but there is still a radioactive threat, and a “very complex” scenario at Fukushima.


ETFs: URA, NLR, EWJ, DXJ

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Chief ETF Strategist & Co-Founder at EMerging Equity

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  1. Pingback: 5.6 Earthquake Shakes Buildings In Tokyo: No Tsunami Warning | EMerging Equity - May 25, 2015

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