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Iter spending works, says F4E

Almost 90 per cent of procurement contracts for the construction of Iter, the nuclear fusion facility in France, have been agreed on, according to the 2012 annual report from Fusion for Energy.

In the report, published on 18 December, Fusion for Energy, which manages the European contribution to Iter, said that it is moving from preparatory activities of R&D and prototyping to manufacturing and industrial fabrication through a successful phase of procurement.

The report says that 50 contracts were signed in 2012 between Fusion for Energy and European industries and research organisations, which amounted to nearly €750 million. At the end of the year, Fusion for Energy was managing grants worth more than €1.6 billion, it said.

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