January 13, 2025 3:30 PM
Saudi Arabia plans to enrich and sell uranium, energy minister says
Saudi Arabia plans to monetize all minerals, including by selling uranium, Saudi energy minister Prince Abdulaziz bin Salman said on Monday. "We will enrich it and we will sell it and we will do a 'yellowcake,'" Prince Abdulaziz told a conference in Dhahran, referring to a powdered concentrate of the mineral used to prepare uranium fuel for nuclear reactors. It requires safe handling although it poses few radiation risks. Saudi Arabia has a nascent nuclear programme that it wants to expand to ...