Iran Discovers Unexpectedly High Reserve of Uranium

Iran Discovers Unexpectedly High Reserve of Uranium

Iran is saying that it has discovered an unexpectedly high reserve of uranium, and they will start extracting it at a new facility.

Many thought the country had a relatively low supply and that they would eventually have to start importing uranium for their nuclear programs.

According to Reuters:

“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.

This news casts some doubt on the Iran deal that has been so highly debated.

The question now is ‘What’s next?’

 


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