SOURCE: Industrial Info Resources

Industrial Info Resources

March 16, 2011 11:00 ET

New Earthquake Awakens New Concerns, Daiichi Poses More Problems, an Industrial Info News Alert

TOKYO--(Marketwire - March 16, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A magnitude 6 earthquake struck 10 kilometers south of Mount Fuji at 10:31 p.m. JST on Tuesday, March 15. The quake's epicenter was approximately 100 kilometers northeast of Hamaoka nuclear power station, which is owned and operated by Chubu Electric Power Company Incorporated (TYO:9502) (Chuden) (Nagoya, Japan). Units 1 and 2 have been decommissioned due to poor earthquake resistance, and Unit 3 is currently inactive due to scheduled maintenance. Units 4 and 5 are operating as normal with no disruptions or trouble.

At 12:00 p.m. JST Wednesday, March 16, Tokyo Electric Power Company Incorporated (TYO:9501) (TEPCO) (Tokyo, Japan) announced that 70% of the fuel rods of Daiichi Unit 1's reactor have sustained damage.

At 5:45 a.m. JST, the reactor housing of Fukushima Daiichi nuclear power station Unit 4 had begun burning again.

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