Join us on May 21st for our 2025 Global Chemical Processing Project Spending Outlook! RSVP Today!
Sales & Support: +1 800 762 3361
Member Resources
Demand for Nuclear Power Fueling Drive for Uranium Mining

SUGAR LAND--July 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Renewed concerns over global warming and record-high crude oil prices have left many policymakers rethinking their views on nuclear power plants. Nuclear power stations, unlike their coal-fired counter parts, do not release carbon dioxide, a leading culprit in global warming. As a result, there has been an increased demand for the mining of uranium, which is used for nuclear power. Through its subsidiary UraMin, AREVA NP, jointly owned by AREVA S.A. (EPA:CEI) (Paris) and Siemens (NYSE:SI) (Munich, Germany), is on its way to becoming Africa's leading uranium producer with several exploration projects planned. One of UraMin's projects is set to become the third-largest uranium mine in Namibia after Rio Tinto's (NYSE:RTP) (London) Rossing mine and Paladin Energy's (ASX:PDN) (Subiaco, Australia) Langer Heinrich mine.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×
Contact Us

For More Info!