A joint venture between Jordan Energy Resources Incorporated and French nuclear giant Areva said on Tuesday it has discovered more than 20,000 tonnes of uranium in the Middle East kingdom. The Jordanian French Uranium Mining Company said 12,300 tonnes of uranium had been found in central Jordan last year, and now "the overall uranium potential on the licensed 70 square-kilometre (27 square miles) area exceeds 20,000." "These potential resources are considered strategic for Jordan since they should enhance its future nuclear fuel supply security," JFUMC said in a statement. The joint venture said "technical and economic studies will be conducted in 2012 to assess the feasibility of a uranium extraction programme... taking into account the current and future uranium market outlook." It would seek to identify "the best scenarios for the future mining activities in central Jordan," taking into consideration the country's economic situation and plans to build "a strategic stock for its independence along with the development of a nuclear programme". Jordan, which imports 95 percent of its energy needs, is currently struggling to find alternatives to unstable Egyptian gas supplies, which normally cover 80 percent of the kingdom's power production. Since 2011, the pipeline supplying gas from Egypt to both Israel and Jordan has been attacked 14 times. With desert covering 92 percent of its territory, Jordan is one of the world's 10 driest countries and wants to use atomic energy to fire desalination plants to overcome its dire water shortage. A consortium formed by Areva and Japan's Mitsubishi is competing with Russia's Atomstroyexport to build Jordan's first nuclear plant.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor