Korea’s Ministry of Knowledge Economy has reportedly received the proposals from the consortium of nuclear academic associations for the construction of a facility.
The exhausted nuke fuel is currently stored in temporary storage facilities in nuclear power plants, which will reach saturation by 2016.
An interim disposal facility is being built by the country for low-level nuclear waste in Gyeongju, North Gyeongsang Province, reported Eco-Business.
In November 2011, the government had launched a committee to tackle the spent nuclear fuel that is accumulating and Korea could not reprocess it under an old agreement with the US.
