Boosting uranium mining

  • 21/09/2008

  • Business India (Mumbai)

Even with the prospect of uranium imports on the horizon, the Centre was simultaneously working to step up its domestic uranium mining effort as a hedge against possible spikes in global uranium prices and supply disruption risks in the future. News reports quoted government sources saying that the state-owned Uranium Corporation of India Ltd had been asked to deepen its existing mines and expand processing facilities, besides scheduling faster roll-out of its new mining projects in Jharkhand and Andhra Pradesh, as well as in Meghalaya. The move was aimed at augmenting additional uranium resources to the tune of 75,000 tonnes during the Eleventh Plan.