INDIA: Massive uranium discovery

[istock]

A new mine in south India could contain the largest reserves of uranium in the world, a government official said in July 2011. The find is a major boost for the energy-hungry nation, especially since Iran has threatened to halt oil supplies to India to resolve a dispute over the U.S. $12 billion annual crude trade between the two countries.

The Tumalapalli mine in Andhra Pradesh state could provide up to 150,000 tons of uranium, Srikumar Banerjee, secretary of the Department of Atomic Energy, told reporters

It's confirmed that the mine has 49,000 tons of ore, and there are indications that the total quantity could be three times that amount," Banerjee told The Times of India. "If that be the case, it will become the largest uranium mine in the world," he said. India gets less than 3 percent of its energy from atomic power, and it hopes to raise the figure to 25 percent by 2050.

Agence France-Presse[istock]

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