Iran’s Expanded Uranium Mining Hints at Much Bigger Reserves
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Iran is expanding uranium production after indicating that it has significantly higher reserves of the metal than previously estimated, according to the latest nuclear-watchdog data.
The new figures, published Tuesday in the biennial Red Book — a survey of the uranium industry — may trigger concern over the direction of Iran’s nuclear program. The Islamic Republic has been digging at more than a half dozen new uranium mines since 2022 yet its resources are considered uneconomic and well below what is needed to fuel a nuclear reactor.