Uranium supply sufficient for next century: Study

Global uranium supply is sufficient for at least the next 100 years and countries going ahead with nuclear energy programme will have enough fuel for their robust demand and growth, says International Atomic Energy Agency (IAEA).

Based on a study report released yesterday, IAEA said new discoveries and re-evaluations of known conventional uranium resources would be adequate to supply nuclear energy needs for at least 100 years at present consumption level.

Growing demand and higher prices have spurred greater investment in exploration and led to larger identified conventional uranium resources over the past two years, an IAEA release said.

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