Weapons of Mass Destruction (WMD)

Iran's uranium reserves inexhaustible

IRNA - Islamic Republic News Agency

Tehran, March 3, IRNA -- Iran's Atomic Energy Agency has officially announced that some 400 uranium mines have been identified nationwide, which will help posterity benefit from nuclear energy.

In January 1989, the London-based magazine 'The Echo of Iran' wrote in its 12th edition that following five years of mining in Saghand, Yazd, experts discovered more than 3,000 tons of uranium and 4,000 tons of molybdenum. It has been announced that so far some 50 to 100 million dollars have been invested in mining the reserves.

In addition to the above-mentioned mines, other quarries have been discovered such as those in Bandar Abbas which needs less investment compared to the one in Saghand since it is an exposed field, a report by IRNA's News and Research Office said.

Although the reserves in the mine have not been fully estimated, preliminary studies reveal that it contains substantial amount of ore.

Currently, Iranian experts seek to assess uranium reserves which will lead to huge investment in the sector in the not-too-distant future.

According to Iran's Atomic Energy Agency, the country's demand for uranium in future will be extracted from Azarbaijan, North Khorasan, central Iran and Bandar Abbas.

It further announced that the proven reserves in Bandar Abbas, Yazd and Ardebil mines stand at more than 36,000 tons.

Mines identified so far can meet the country's uranium demands for tens of years. This gives Iran a distinct position in the international scene.

In addition to the uranium reserves, Iran also has unique technology in the field of processing and enriching uranium.

For this reason, Iranian youth's access to new technology for attaining a large volume of uranium concentrate has astonished western circles.