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Saudi minister: ‘We plan to use domestic uranium for nuclear fuel’

Saudi Arabia’s Energy Minister said the kingdom plans to use domestically-sourced uranium to build up its nuclear power industry, Reuters reported.

The comments by the minister, Prince Abdulaziz bin Salman, were made on Wednesday during a mining industry conference in Riyadh.

  • He added that recent exploration had shown a diverse portfolio of uranium in the Gulf Arab state, the world’s top oil exporter.

“The kingdom intends to utilize its national uranium resources, including in joint ventures with willing partners in accordance with international commitments and transparency standards,” Abdulaziz bin Salman said.

He added that this would involve “the entire nuclear fuel cycle which involves the production of yellowcake, low enriched uranium and the manufacturing of nuclear fuel both for our national use and of course for export”.

Source: Arutz Sheva