India reveals massive uranium discovery

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

NEW DELHI, July 19, 2011 (AFP) – A new mine in south India could contain the largest reserves of uranium in the world, a government official said in remarks reported Tuesday, signalling a major boost for the energy-hungry nation. The government has been seeking new supplies of uranium, which is refined into nuclear fuel, but it has been consistently rebuffed by major exporter Australia as India has not signed the Nuclear Non-Proliferation Treaty. The Tumalapalli mine in Andhra Pradesh state could provide up to 150,000 tonnes of uranium, Srikumar Banerjee, secretary of the Department of Atomic Energy, told reporters after a four-year survey of the site was completed.

“It’s confirmed that the mine has 49,000 tonnes of ore, and there are indications that the total quantity could be three times that amount,” Banerjee was quoted as saying in The Times of India.

“If that be the case, it will become the largest uranium mine in the world,” he said.

Previous estimates suggested that only about 15,000 tonnes of uranium would be produced at the mine, which is due to start operating by the end of the year.

No details were released on the quality of the material in Tumalapalli, a key factor as other uranium mined in I