South Australia Expects To Produce Enough Uranium For 100 Nuclear Plants

Perth Now reported Mineral and Resources Minister Tom Koutsantonis said South Australia’s Olympic Dam project will produce enough uranium to fuel a third of the world’s nuclear power plants.

As quoted in the market news:

The minister has offered the insight into the level of uranium production expected should mining giant BHP Billiton push ahead with the $30 billion expansion of the copper, uranium and gold project in the state’s north.

Last year SA produced 4,520 tonnes of uranium, or just eight per cent of the global total and enough to fuel six one-gigawatt nuclear reactors.

Click here to read the full Perth Now report.