Energy & Critical Metals
Do Iran’s Nuclear Advances Show the JCPOA Failed?
Justin Logan
Politico’s Andrew Desiderio highlights a statement from Senator Bob Menendez (D‑NJ), who has long been one of the most hawkish Democrats…

Politico’s Andrew Desiderio highlights a statement from Senator Bob Menendez (D‑NJ), who has long been one of the most hawkish Democrats on Iran and opposed the JCPOA when it was signed:
Iran now has enough enriched uranium to produce a nuclear weapon. This latest milestone returns us to a familiar question: At what point will the Administration acknowledge that Iran’s nuclear advances make a return to the 2015 JCPOA not in the United States’ strategic interest?… it is time for a comprehensive strategy to address Iran and the threats it poses—Iran as it is, not the Iran we might hope for.
Let’s look at Iran’s nuclear advances and see if we can figure out what’s going on.
Below are three charts showing Iran’s nuclear advances since 2018. The first looks at enriched uranium—defining low‐enriched uranium as under 5% enrichment, then one showing enrichment up to 20%, then the last one showing the (much riskier) 60% enriched uranium. This is IAEA Board Report data, with my (appalling) visualization:
Next we can look at Iran’s installed advanced centrifuges since 2017:
Finally, here is one highlighting in particular the advances in Iran’s holdings of medium‐enriched uranium (mislabeled here as “high‐enriched”):
So it’s quite clear that Iran has dramatically ramped up its nuclear activities, far beyond the constraints imposed on it by the JCPOA. Of course, the United States unilaterally left the nuclear agreement in May 2018.
Asked in November 2018 what the United States would do if Iran restarted its nuclear program in response, Secretary of State Mike Pompeo declared, “We’re confident the Iranians will not make that decision.”
The Iranians, in a way that was both predictable and predicted, did make that decision.
There was a great outcry at the time about the Trump administration’s decision to pull out of the deal. One leading Democratic Senator issued a statement arguing that
With this decision President Trump is risking U.S. national security, recklessly upending foundational partnerships with key U.S. allies in Europe and gambling with Israel’s security. Today’s withdrawal from the JCPOA makes it more likely Iran will restart its nuclear weapons program in the future.
That Senator? Bob Menendez.
The JCPOA wasn’t a perfect deal. It didn’t make the Iranian government into nice guys. But from a nonproliferation point of view, it was a blindingly clear success. Getting back into the exact the deal we signed in 2015 is impossible now. We’re going to wind up with something worse. Let’s not blame the deal we left for that fact.

Top 3 EV Stocks To Watch This Summer
Let’s breakdown the top EV stocks to watch as we head into the summer months, including powerhouses such as Ford or Tesla.
The post Top 3 EV Stocks To…
Cypress Development on track to becoming a domestic producer of lithium
Nevada is known the gambling and entertainment capital of the United States but is commonly…
Forum Energy drills 1,555 ppm boron over 11 metres at Wollaston, Saskatchewan
Forum Energy Metals Corp. [FMC-TSXV; FDCFF-OTCQB; F3E-FSE] reported geochemical results from its winter diamond drill…
-
Financing News7 hours ago
BeMetals Commences 2022 Aircore Drilling Program at Pangeni Copper Project
-
Financing News5 hours ago
Is There Still A Bull Market When It Comes to Multi-Billion Dollar Copper Mining Segment
-
Lithium23 hours ago
The Forever #Battery That Promises to Change the EV #INDUSTRY
-
Drilling News7 hours ago
Discovery of Multiple New Pegmatites at Surface Carrying Significant Niobium & Rare Earth Potential on Notre-Dame Project
-
Financing News7 hours ago
Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq Within Wider Intervals and Provides Exploration Update for Jesus Maria Silver Zone
-
Drilling News7 hours ago
Unigold provides update on activities; releases first ESG report
-
Financing News21 hours ago
Erdene Announces Financing to Fund Exploration and Pre-Construction in the Khundii Gold District
-
Financing News22 hours ago
TomaGold reports the outcome of its annual meeting