Innovative and mundane

MBIR will cost about $1.1 billion

The MBIR multipurpose fast neutron research reactor in Russia, scheduled to begin operation in 2024, will cost about 80 billion rubles ($1.1bn, €1bn) with Russian state development corporation VEB.RF and Gazprombank providing a loan of more than RUB 20 billion, state-run news agency Tass has reported.

According to Tass, Alexei Likhachev, director-general of state nuclear corporation Rosatom, told president Vladimir Putin recently that technical preparations for the plant were complete and Russia is “hoping for interest from international partners”.

Tass gave no details of possible international cooperation, but said it could involve France, China and the Czech Republic.