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    market news

    India Commissions Uranium Processing Plant

    Investing News Network
    Apr. 30, 2012 03:40PM PST
    Energy Investing

    Mining Weekly reported a new uranium processing plant has recently been commissioned in Kadapa, Andhra Pradesh, which may have one of the largest reserves of uranium in the world.

    Mineweb reported a new uranium processing plant has recently been commissioned in Kadapa, Andhra Pradesh, which may have one of the largest reserves of uranium in the world.

    As quoted in the market news:

    The construction work on the uranium ore mine and processing plant cost an estimated $208 million. Studies indicated that Kadapa in Andhra Pradesh is endowed with one of the largest uranium reserves in the world. They have shown that Tummalapalle in the  district could have reserves of 150,000 tonnes of the mineral.

    Click here to read the full Mineweb report.

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