Iran finds unexpectedly high uranium reserve

[The Last of us]

Some sources for this news:

Iran says finds unexpectedly high uranium reserve| Reuters

Iran says finds unexpectedly high uranium reserve - Yahoo News

 

[Siavash]

DUBAI (Reuters) - Iran has discovered an unexpectedly high reserve of uranium and will soon begin extracting the radioactive element at a new mine, the head of Iran's Atomic Energy Organisation said on Saturday.

The comments cast doubt on previous assessments from some Western analysts who said the country had a low supply and would sooner or later would need to import uranium, the raw material needed for its nuclear program.

Any indication Iran could become more self-sufficient will be closely watched by world powers, which reached a landmark deal with Tehran in July over its program. They had feared the nuclear activities were aimed at acquiring the capability to produce atomic weapons - something denied by Tehran.

"I cannot announce (the level of) Iran's uranium mine reserves. The important thing is that before aerial prospecting for uranium ores we were not too optimistic, but the new discoveries have made us confident about our reserves," Iranian nuclear chief Ali Akbar Salehi was quoted as saying by state news agency IRNA.

Salehi said uranium exploration had covered almost two-thirds of Iran and would be complete in the next four years.

Uranium can be used for civilian power production and scientific purposes, but is also a key ingredient in nuclear weapons.

The July deal between Iran and world powers will lift international sanctions on Iran in exchange for at least a decade of curbs on the country's nuclear activity.

After decades of efforts, Iran - which has consistently said its program is for peaceful purposes - has achieved a full nuclear fuel cycle, ranging from the extraction of uranium ore to enrichment and production of fuel rods for nuclear reactors.

Sanctions on companies taking part in Iran's uranium mining industry will be lifted when the agreement is implemented.

Salehi said uranium extraction was set to begin at a new mine in the central province of Yazd, according to IRNA.

Some Western analysts have previously said that Iran was close to exhausting its supply of yellowcake - or raw uranium - and that mining it domestically was not cost-efficient.

A report published in 2013 by U.S. think-tanks Carnegie Endowment and the Federation of American Scientists said the scarcity and low quality of Iran's uranium resources compelled it "to rely on external sources of natural and processed uranium".

It added: "Despite the Iranian leadership's assertions to the contrary, Iran's estimated uranium endowments are nowhere near sufficient to supply its planned nuclear program."

Iran has repeatedly denied overseas media reports that it has tried to import uranium from countries like Kazakhstan and Zimbabwe.

No leave it in the ground buy it for the next 15 years please Uranium is cheap now!

 

[Talwar e Pakistan]

DUBAI (Reuters) - Iran has discovered an unexpectedly high reserve of uranium and will soon begin extracting the radioactive element at a new mine, the head of Iran's Atomic Energy Organisation said on Saturday.

The comments cast doubt on previous assessments from some Western analysts who said the country had a low supply and would sooner or later would need to import uranium, the raw material needed for its nuclear program.

Any indication Iran could become more self-sufficient will be closely watched by world powers, which reached a landmark deal with Tehran in July over its program. They had feared the nuclear activities were aimed at acquiring the capability to produce atomic weapons - something denied by Tehran.

"I cannot announce (the level of) Iran's uranium mine reserves. The important thing is that before aerial prospecting for uranium ores we were not too optimistic, but the new discoveries have made us confident about our reserves," Iranian nuclear chief Ali Akbar Salehi was quoted as saying by state news agency IRNA.

Salehi said uranium exploration had covered almost two-thirds of Iran and would be complete in the next four years.

Uranium can be used for civilian power production and scientific purposes, but is also a key ingredient in nuclear weapons.

The July deal between Iran and world powers will lift international sanctions on Iran in exchange for at least a decade of curbs on the country's nuclear activity.

After decades of efforts, Iran - which has consistently said its program is for peaceful purposes - has achieved a full nuclear fuel cycle, ranging from the extraction of uranium ore to enrichment and production of fuel rods for nuclear reactors.

Sanctions on companies taking part in Iran's uranium mining industry will be lifted when the agreement is implemented.

Salehi said uranium extraction was set to begin at a new mine in the central province of Yazd, according to IRNA.

Some Western analysts have previously said that Iran was close to exhausting its supply of yellowcake - or raw uranium - and that mining it domestically was not cost-efficient.

A report published in 2013 by U.S. think-tanks Carnegie Endowment and the Federation of American Scientists said the scarcity and low quality of Iran's uranium resources compelled it "to rely on external sources of natural and processed uranium".

It added: "Despite the Iranian leadership's assertions to the contrary, Iran's estimated uranium endowments are nowhere near sufficient to supply its planned nuclear program."

Iran has repeatedly denied overseas media reports that it has tried to import uranium from countries like Kazakhstan and Zimbabwe.

Mashallah.

 

[Siavash]

DUBAI (Reuters) - Iran has discovered an unexpectedly high reserve of uranium and will soon begin extracting the radioactive element at a new mine, the head of Iran's Atomic Energy Organisation said on Saturday.

The comments cast doubt on previous assessments from some Western analysts who said the country had a low supply and would sooner or later would need to import uranium, the raw material needed for its nuclear program.

Any indication Iran could become more self-sufficient will be closely watched by world powers, which reached a landmark deal with Tehran in July over its program. They had feared the nuclear activities were aimed at acquiring the capability to produce atomic weapons - something denied by Tehran.

"I cannot announce (the level of) Iran's uranium mine reserves. The important thing is that before aerial prospecting for uranium ores we were not too optimistic, but the new discoveries have made us confident about our reserves," Iranian nuclear chief Ali Akbar Salehi was quoted as saying by state news agency IRNA.

Salehi said uranium exploration had covered almost two-thirds of Iran and would be complete in the next four years.

Uranium can be used for civilian power production and scientific purposes, but is also a key ingredient in nuclear weapons.

The July deal between Iran and world powers will lift international sanctions on Iran in exchange for at least a decade of curbs on the country's nuclear activity.

After decades of efforts, Iran - which has consistently said its program is for peaceful purposes - has achieved a full nuclear fuel cycle, ranging from the extraction of uranium ore to enrichment and production of fuel rods for nuclear reactors.

Sanctions on companies taking part in Iran's uranium mining industry will be lifted when the agreement is implemented.

Salehi said uranium extraction was set to begin at a new mine in the central province of Yazd, according to IRNA.

Some Western analysts have previously said that Iran was close to exhausting its supply of yellowcake - or raw uranium - and that mining it domestically was not cost-efficient.

A report published in 2013 by U.S. think-tanks Carnegie Endowment and the Federation of American Scientists said the scarcity and low quality of Iran's uranium resources compelled it "to rely on external sources of natural and processed uranium".

It added: "Despite the Iranian leadership's assertions to the contrary, Iran's estimated uranium endowments are nowhere near sufficient to supply its planned nuclear program."

Iran has repeatedly denied overseas media reports that it has tried to import uranium from countries like Kazakhstan and Zimbabwe.

I think this is a diversion tactic. Iran is planning to buy large amounts of uranium from kazakhistan with Kazak presidents visit (which makes sense) and has released this info to ease tension on this issue.

 

[saiyan0321]

Congratulations Iran on finding more resources on your land. Its always a cause of celebration to find natural reserves of much needed materials.

This will most definitely give USA a few sleepless nights. With uranium reserves Iran becomes more self sufficient and if Kazakhstan also sells some uranium to Iran then it will only help Iran in its nuclear program despite any grave sanctions that might be stamped on Iran .

Iran has many resources and the land is filled with natural reserves. If Iran utilizes these reserves to its fullest potential then Iran can very easily become a very strong power and player in the world.

 

[Arya Desa]

Sell to us?

 

[bdslph]

Iran can sale it for good price and sale it to Pakistan and India

hmm side project Hamas Hezbollah