• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
PoliticsMiddle East

Iran is poised to ‘quite dramatically’ increase stockpile of near weapons-grade uranium, nuclear watchdog warns

By
Jon Gambrell
Jon Gambrell
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Jon Gambrell
Jon Gambrell
and
The Associated Press
The Associated Press
Down Arrow Button Icon
December 7, 2024, 10:54 AM ET
Rafael Grossi, Director General of the International Atomic Energy Agency, at IAEA headquarters in Vienna in 2023.
Rafael Grossi, Director General of the International Atomic Energy Agency, at IAEA headquarters in Vienna in 2023. Thomas Kronsteiner—Getty Images

Iran is poised to “quite dramatically” increase its stockpile of near weapons-grade uranium as it has started cascades of advanced centrifuges, the head of the International Atomic Energy Agency warned Friday.

Recommended Video

The comments from Rafael Mariano Grossi came just hours after Iran said it conducted a successful space launch with its heaviest payload ever, the latest for its program that the West alleges improves Tehran’s ballistic missile program.

The launch of the Simorgh rocket comes as Iran’s nuclear program now enriches uranium at 60%, a short, technical step from weapons-grade levelsof 90%. While Iran maintains its program is peaceful, officials in the Islamic Republic increasingly threaten to potentially seek the bomb and an intercontinental ballistic missile that would allow Tehran to use the weapon against distant foes like the United States.

The moves are likely to further raise tensions gripping the wider Middle East over Israel’s continued war on Hamas in the Gaza Strip and as an uneasy ceasefire holds in Lebanon. However, Iran may as well be preparing the ground for possible talks with the incoming administration of President-elect Donald Trump, who in his first term unilaterally withdrew America from Tehran’s nuclear deal with world powers.

The U.S. intelligence community in a report released Thursday said that while “Iran is not building a nuclear weapon” it has “undertaken activities that better position it to produce one, if it so chooses.”

The Iranian debate over seeking the bomb “risks emboldening nuclear weapons advocates within Iran’s decision-making apparatus and shifting the thinking of current and future Iranian elites about the utility of nuclear weapons,” the report added.

Grossi, speaking to journalists in Bahrain, on the sidelines of the International Institute of Strategic Studies’ Manama Dialogue, said his inspectors planned to see just how many centrifuges Iran would be spinning after Tehran informed his agency of its plans.

“I think it is very concerning,” Grossi said. “They were preparing and they have all of these facilities sort of in abeyance and now they are activating that. So we are going to see.”

He added: “If they really make them turn — all of them — it’s going to be a huge jump.”

An IAEA statement issued shortly after Grossi’s remarks said Iran had begun feeding two cascades of advanced IR-6 centrifuges with uranium previously enriched up to 20% at its underground Fordo facility. That site is located under a mountain, protecting it from airstrikes.

Cascades are a group of centrifuges that spin uranium gas together to more quickly enrich the uranium. The IR-6 centrifuges enrich uranium faster than Iran’s baseline IR-1 centrifuges, which have been the workhorse of the country’s atomic program. Adding 20% uranium, as opposed to 5% uranium previously planned, further speeds up that process.

“The facility’s updated design information showed that the effect of this change would be to significantly increase the rate of production,” the IAEA statement said. Iran separately will start feeding natural uranium into eight other IR-6 cascades at Fordo as well to produce 5%-enriched uranium, it added.

The IAEA warned in late November that Iran was preparing to begin enriching uranium with thousands of advanced centrifuges. That came as a response to the Board of Governors at the IAEA condemning Iran for failing to cooperate fully with the agency.

Iran did not acknowledge the preparations. The Iranian mission to the United Nations did not respond to a request for comment.

Meanwhile, the launch Friday took place at Iran’s Imam Khomeini Spaceport in rural Semnan province, some 220 kilometers (135 miles) east of Tehran. That’s the site of Iran’s civilian space program, which has suffered a series of failed Simorgh launches in the past.

The Simorgh carried what Iran described as an “orbital propulsion system,” as well as two research systems to a 400-kilometer (250-mile) orbit above the Earth. A system that could change the orbit of a spacecraft would allow Iran to geo-synchronize the orbits of its satellites, a capability Tehran has long sought.

It also carried the Fakhr-1 satellite for Iran’s military, the first time Iran’s civilian program is known to have carried a military payload.

Iran also put the payload of the Simorgh at 300 kilograms (660 pounds), heavier than all its previous successful launches within the country. State television carried footage of a correspondent discussing the payload just as the Simorgh lifted off into the sky, as people called out: “God is the greatest!”

The U.S. military referred questions about the launch to the country’s Space Command, which did not respond. Space experts said tracking data appeared to show the launch successfully put objects in orbit.

The United States has previously said Iran’s satellite launches defy a U.N. Security Council resolution and called on Tehran to undertake no activity involving ballistic missiles capable of delivering nuclear weapons. U.N. sanctions related to Iran’s ballistic missile program expired in October 2023.

“Iran’s work on space-launch vehicles — including its Simorgh — probably would shorten the timeline to produce an intercontinental ballistic missile, if it decided to develop one, because the systems use similar technologies,” a U.S. intelligence community report released in July said.

Iran has always denied seeking nuclear weapons and says its space program, like its nuclear activities, is for purely civilian purposes. However, U.S. intelligence agencies and the IAEA say Iran had an organized military nuclear program up until 2003.

Under Iran’s relatively moderate former President Hassan Rouhani, the Islamic Republic slowed its space program for fear of raising tensions with the West. The late hard-line President Ebrahim Raisi, a protégé of Supreme Leader Ayatollah Ali Khamenei who came to power in 2021, pushed the program forward. Raisi died in a helicopter crash in May.

Iran’s reformist President Masoud Pezeshkian, who has been signaling he wants to negotiate with the West over sanctions, has yet to offer a strategy when it comes to Iran’s ambitions in space. The Simorgh launch represented the first for his administration from the country’s civil space program. Iran’s paramilitary Revolutionary Guard conducted a successful launch of its parallel program in September.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Jon Gambrell
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

The entrance to a U.S. Immigration and Customs (ICE) detention facility
North AmericaDepartment of Homeland Security
Texas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds
By Michael Biesecker, Ryan J. Foley and The Associated PressJune 9, 2026
9 hours ago
Trump speaking into a mic.
NewslettersEye on AI
Should Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI
By Beatrice NolanJune 9, 2026
12 hours ago
Photo of Scott Bessent
EconomySocial Security
‘We are rapidly running out of time’: Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
14 hours ago
ssa
North AmericaSocial Security
Crisis, what crisis? Social Security chief says ‘people boo at Yankee Stadium, even when they’re winning’
By Fatima Hussein and The Associated PressJune 9, 2026
14 hours ago
tariff
LawTariffs
The $166 billion tariff refund question: Who actually gets paid back?
By Mae Anderson and The Associated PressJune 9, 2026
15 hours ago
trump
Arts & EntertainmentWhite House
Trump on getting loudly booed by hometown New York: ‘It was, I think, mostly cheers’
By Stephen Whyno, Michelle L. Price and The Associated PressJune 9, 2026
15 hours ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
1 day ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
14 hours ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
1 day ago
Current price of oil as of June 8, 2026
Personal Finance
Current price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
2 days ago
Current price of oil as of June 9, 2026
Personal Finance
Current price of oil as of June 9, 2026
By Joseph HostetlerJune 9, 2026
18 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.