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The IAEA needs to determine the value of imposing safeguards on the spent fuel storage at the Pebble Bed Modular Reactor (PBMR) planned for construction in the Republic of South Africa. The PBMR will use hundreds of thousands of fuel elements in the shape of small spheres (6 cm in diameter). The PBMR plant design calls for the storage on site of all the spent fuel generated during the whole life of the reactor, expected to span 40 years. The spent fuel storage system is designed (or to be designed) for a functional life of 80 years. If it is determined that the spent fuel contains materials of interest to a would-be proliferant, then safeguards would have to be imposed and maintained until the spent fuel elements are processed into a form and composition that no longer requires safeguards. The problem addressed in this report is the determination of the strategic value of the spent fuel to such a would-be proliferant

Evaluation of the Strategic Value of Fully Burnt PBMR Spent Fuel - A Report to ISPO in Response to IAEA Letter Request (2004-08-30)