by Staff Writers
Cairo (UPI) Jan 18, 2013
Egypt's Nuclear Materials Authority says the discovery of huge amounts of uranium ore could help improve the country's flagging economy.
The uranium has been discovered in high concentrations in five areas in Egypt, authority head Mohsen Ali Mohamadeen told the English language website Egypt Independent.
"Because uranium is considered an important strategic raw material, the plan is to use it mainly as fuel for energy production," he said.
Uranium extraction could help develop many national industries, Mohamadeen said.
He acknowledged there are concerns about environmental and health dangers but he said the public should not be worried.
"Everything has its advantages and inconveniences. Uranium is a radioactive material, but by following preventive procedures, such as using it under a shield of lead, it becomes completely safe," he said.
The nuclear authority said it intends to seek bids from international companies because foreign expertise is needed for the complex processes of excavating and extracting uranium.
"In my opinion, it's very important to have a cooperative program for exchanging experiences through mutual delegations between the different countries," Mohamadeen said.
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|