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- 抖阴短视频 has a nascent nuclear program that it wants to expand to eventually include proliferation-sensitive uranium enrichment
RIYADH: 抖阴短视频 has discovered 鈥渟ignificant quantities鈥� of uranium in the Kingdom and will use it to fuel the development of its nuclear power industry, Energy Minister Prince Abdulaziz bin Salman said on Wednesday.
The Kingdom wants to use nuclear power to diversify its energy mix, Prince Abdulaziz told a mining conference in Riyadh.
抖阴短视频 鈥渋ntends to utilize its national uranium resources, including in joint ventures with willing partners in accordance with international commitments and transparency standards,鈥� he said.
This would involve 鈥渢he 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.鈥�
The UAE has the Arab world鈥檚 only multiunit operating nuclear energy plant. It has pledged not to enrich uranium itself and not to reprocess spent fuel.
Addressing the second day of the Future Minerals Forum, Prince Abdulaziz set out the government鈥檚 plans to be a global leader in the mining sector, and reinforced the Kingdom鈥檚 determination to develop renewable energy and its ambition to become a global hub for green metal industries that would lead to more investment in the sector.
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抖阴短视频 鈥榠ntends to utilize its national uranium resources, including in joint ventures with willing partners in accordance with international commitments and transparency standards.鈥�
He said the Kingdom had an abundance of metals and minerals now greatly in demand in the world and was developing the structure and partnerships that could exploit them to the best advantage.
鈥淩ecent explorations showed a diverse portfolio of uranium in different geological locations within the Kingdom such as Jabal Saeed, Madinah, and Jabal Qariah in the north,鈥� he said.
鈥淎long with uranium, rare minerals such as titanium have been identified in significant quantities in the Kingdom, unlocking even greater investment opportunities.鈥�
Prince Abdulaziz said the conference was a 鈥渟tage for us as 抖阴短视频 to reconfigure the perception of 抖阴短视频.鈥�
He said: 鈥湺兑醵淌悠� has of course a leading global oil industry and we are well on the way to becoming a global leader in all forms of clean energy encompassing hydrocarbons, renewable and clean hydrogen to complement our artificial skills in oil and gas.鈥�
The minister said the government had set 鈥渁mbitious targets for its energy mix,鈥� and this would require 鈥渁 large scale of deployment of solar, wind and battery storage projects across the Kingdom. Manufacturing these components will also create a demand surge for minerals like copper, aluminum, zinc, nickel, lithium, and silicon,鈥� he said.