BR100 Decreased By (-0.35%)
BR30 Decreased By (-0.08%)
KSE100 Decreased By (-0.25%)
KSE30 Decreased By (-0.38%)
AGHA 7.70 Increased By ▲ 0.01 (0.13%)
BECO 5.34 Increased By ▲ 0.03 (0.56%)
BML 61.00 Decreased By ▼ -0.23 (-0.38%)
BOP 36.04 Increased By ▲ 0.04 (0.11%)
CNERGY 11.50 Increased By ▲ 0.25 (2.22%)
CSIL 6.21 Increased By ▲ 0.04 (0.65%)
FCCL 57.00 Increased By ▲ 0.12 (0.21%)
FFL 16.54 Increased By ▲ 0.03 (0.18%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.36 Decreased By ▼ -0.06 (-0.81%)
KOSM 6.13 Increased By ▲ 0.08 (1.32%)
LOTCHEM 27.15 Decreased By ▼ -0.05 (-0.18%)
MLCF 102.17 Decreased By ▼ -0.92 (-0.89%)
NBP 206.10 Decreased By ▼ -1.53 (-0.74%)
NCPL 64.77 Increased By ▲ 2.85 (4.6%)
NPL 74.32 Increased By ▲ 2.14 (2.96%)
OGDC 318.15 Decreased By ▼ -0.34 (-0.11%)
PACE 10.90 Decreased By ▼ -0.16 (-1.45%)
PAEL 44.60 Increased By ▲ 0.22 (0.5%)
PIBTL 16.86 Decreased By ▼ -0.04 (-0.24%)
PPL 220.84 Decreased By ▼ -1.64 (-0.74%)
PRL 64.10 Increased By ▲ 0.29 (0.45%)
PTC 73.50 Increased By ▲ 0.34 (0.46%)
SSGC 27.16 Decreased By ▼ -0.09 (-0.33%)
TBL 9.90 Increased By ▲ 0.02 (0.2%)
TELE 8.82 Increased By ▲ 0.01 (0.11%)
TPL 20.31 Decreased By ▼ -0.03 (-0.15%)
TPLP 15.05 Increased By ▲ 0.08 (0.53%)
TREET 23.94 Decreased By ▼ -0.16 (-0.66%)
TRG 62.50 Increased By ▲ 0.13 (0.21%)
Top News

India reveals massive uranium discovery

NEW DELHI : A new mine in south India could contain the largest reserves of uranium in the world, a government officia
Published Updated

Uranium_MiningNEW DELHI: A new mine in south India could contain the largest reserves of uranium in the world, a government official said in remarks reported Tuesday, signalling a major boost for the energy-hungry nation.

The Tumalapalli mine in Andhra Pradesh state could provide up to 150,000 tonnes of uranium, Srikumar Banerjee, secretary of the Department of Atomic Energy, told reporters after a four-year survey of the site was completed.

"It's confirmed that the mine has 49,000 tonnes of ore, and there are indications that the total quantity could be three times that amount," Banerjee was quoted as saying in The Times of India.

"If that be the case, it will become the largest uranium mine in the world," he said.

Previous estimates suggested that only about 15,000 tonnes of uranium would be produced at the mine, which is due to start operating by the end of the year.

No details were released on the quality of the material in Tumalapalli, a key factor as other uranium mined in India has been inferior to imports being procured from France, Kazakhstan, Russia and elsewhere.

"The new findings would only augment the indigenous supply of uranium. There would still be a significant gap. We would still have to import," Banerjee was quoted as saying in The Hindu newspaper.

India gets less than three percent of its energy from atomic power and it hopes to raise the figure to 25 percent by 2050.

The government has been seeking new supplies of uranium, which is refined into nuclear fuel, but it has been consistently rebuffed by major exporter Australia as India has not signed the Nuclear Non-Proliferation Treaty.

 

Copyright AFP (Agence France-Presse), 2011

 

Comments

Comments are closed for this article.