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2025-01-14 Arabia
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Riyadh set to monetize all minerals, including uranium ‘yellowcake’ – Saudi minister
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Oil prices will no doubt drop significantly under President Trump, and running the kingdom of Saudi Arabia is an expensive hobby for the House of Saud. [IsraelTimes] Prince Abdulaziz bin Salman announces plan to make concentrate used to prepare uranium fuel for nuclear reactors, after MBS said in 2018 that Riyadh would develop bomb if Iran does
Saudi Arabia
 ...a kingdom taking up the bulk of the Arabian peninsula, largely made up of sand and oil rigs. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual haj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Formerly dictatorial and steeped in Olde Tyme Religion, deferring to Salafist holy men on all issues, it has now done a 180 and is making a serious effort to modernize, so as not to be left in the sand by its Gulf Arab neighbors. The holy men have been shoved to the background and the nation is now still dictatorial but somewhat rational. That doesn't make them trustworthy, but it's a start...
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 program that it wants to expand to eventually include uranium enrichment, a sensitive area given its role in nuclear weapons. Riyadh has said it wants to use nuclear power to diversify its energy mix.
It is unclear where Saudi nuclear ambitions will end, since Crown Prince Mohammed bin Salman
...Crown Prince and modernizer of Saudi Arabia as of 2016. The Turks hate him, so he must be all right, despite the occasional brutal murder of Qatar-owned journalists...
said in 2018 that the kingdom would develop nuclear weapons if regional rival Iran did.
Fellow Gulf state the United Arab Emirates has the Arab world’s first multi-unit operating nuclear energy plant. The UAE has committed not to enrich uranium itself and not to reprocess spent fuel.
The kingdom said last year it planned to scrap light-touch oversight of its nuclear facilities by the UN atomic watchdog and switch to regular safeguards by the end of 2024.
Riyadh has yet to fire up its first nuclear reactor, which allows its program to still be monitored under the Small Quantities Protocol (SQP), an agreement with the ineffective International Atomic Energy Agency that exempts less advanced states from many reporting obligations and inspections.
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Posted by trailing wife 2025-01-14 2025-01-14 00:23||
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