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Saudi Arabia Reports 110 Million Tonnes of Uranium-Bearing Ore

Saudi Arabia Reports 110 Million Tonnes of Uranium-Bearing Ore
Saudi Arabia Reports 110 Million Tonnes of Uranium-Bearing Ore in Madinah · deccanchronicle.com

Saudi Arabia says it found a very large amount of rock containing uranium near Madinah.

The amount is about 110 million tonnes of ore, not 110 million tonnes of pure uranium.

Scientists have not yet said how much uranium is inside the rock.

They also found rare earth elements, which are useful for electronics and clean-energy equipment.

Saudi Arabia wants to develop mining as part of its Vision 2030 economic plans.

The country also wants to build a civilian nuclear energy program.

Officials say their nuclear plans are for peaceful purposes.

The discovery could help Saudi Arabia obtain more minerals at home and rely less on oil.

Other countries are watching because uranium and rare earths are important strategic resources.

Key facts

Reported ore volume
Approximately 110 million tonnes
Location
Madinah region, Saudi Arabia
Additional resources
Significant quantities of rare earth elements, particularly heavy rare earths
Uranium estimate
The uranium concentration and commercially recoverable amount have not been disclosed
Economic framework
Vision 2030 economic diversification program
Potential uses
Future civilian nuclear energy, electronics, renewable-energy equipment and advanced manufacturing
Announcement venue
An International Atomic Energy Agency conference in Vienna

Sources

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