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Bin Salman: Saudi holds 5% of global uranium reserves

March 27, 2018 at 11:20 am

Prince of Saudi Arabia Mohammad Bin Salman Al-Saud on 7 March, 2018 [Kate Green/Anadolu Agency]

Saudi Arabia “holds five per cent of the world’s uranium reserves”, Crown Prince Mohammed Bin Salman told the Washington Post in an interview.

“If we do not make use of our uranium it is as if we have abandoned the use of oil.”

He also said that the US should set laws and rules to prevent the misuse of depleted uranium.

The Saudi prince, who started a two-week visit to the US last week, added: “My visit to the US is to get technology and education techniques to the Kingdom.”

Saudi Arabia says it needs nuclear energy to overcome the stage of burning oil in electricity generation and diversify its economic resources. It also says that it is planning to call for investors to build nuclear plants on its soil by the end of this year.

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