Possible Meltdown At Tepco Reactor
TOKYO (Nikkei)--Tokyo Electric Power Co.'s (9501) Fukushima No. 1 nuclear plant in Fukushima Prefecture may be experiencing a meltdown in the wake of Friday's massive earthquake, the Nuclear and Industrial Safety Agency said Saturday.
The agency said cesium, a radioactive material produced by nuclear fission, was detected near the facility.
Fuel rods were exposed to the air as the water level in the reactor fell, said one observer.
The nuclear agency serves under the Ministry of Economy, Trade and Industry,