Reply #53: March 12, 2011, Japan warns of meltdown at quake-hit plant: Kyodo [View All]

[lumberjack_jeff]

Source: Marketwatch

TOKYO (MarketWatch) -- Japanese nuclear authorities warned of a meltdown Saturday of the core of a nuclear reactor at a plant in Fukushima operated by Tokyo Electric Power Corp. (JP:9501 2,121, -32.00, -1.49%) , also known as Tepco, according to Kyodo News. Authorities said that there was a high possibility that nuclear fuel rods at the reactor of Tepco's Daiichi plant may be melting or have melted, Reuters reported, citing Jiji news. The Daiichi No. 1 nuclear reactor is about 240 kilometers (150 miles) north of Tokyo. Friday's 8.9-magnitude earthquake damaged the plant's cooling mechanism, leading to overheating that reportedly damaged the fuel rods in the reactor's core.

Read more: http://www.marketwatch.com/story/japan-warns-of-meltdown-at-quake-hit-plant-kyodo-2011-03-12