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POTENTIAL RESOURCE. URANIUM.
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[Audio] What Are Potential Resources Potential resources are resources that are available in a specific region and can be used in the future but their exact quantity and quality are unknown. They can include minerals energy sources or even human capital. Here are some examples of potential resources: Uranium deposits: Ladakh has uranium deposits that are an example of potential resources.
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[Audio] Uranium is a silvery-white radioactive metal with the atomic number 92 and the symbol U It's the heaviest naturally occurring element and is found in low concentrations in soil rock and water. It can also be extracted from uranium-bearing minerals such as uraninite. Uranium is radioactive because it undergoes spontaneous transformation (decay) releasing energy in the form of particles and electromagnetic radiation.
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[Audio] How Uranium A Potential Resource Uranium is considered a potential resource because the exact amount of uranium in Ladakh is unknown and the current technology is not advanced enough to easily use it. However with improved technology in the future uranium could be used as a resource..
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[Audio] Top 10 Uranium-producing Countries (Updated 2024) Kazakhstan. Mine production: 21 227 MT. ... Canada. Mine production: 7 351 MT. ... Namibia. Mine production: 5 613 MT. ... Australia. Mine production: 4 087 MT. ... Uzbekistan. Mine production: 3 300 MT. ... Russia. Mine production: 2 508 MT. ... Niger. Mine production: 2 020 MT. ....
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[Audio] Economical Situation Of Uranium The World Nuclear Association's 2023 Nuclear Fuel Report predicts a 28% increase in uranium demand from 2023–2030 which could lead to higher prices and increased exploration and resource development. However many of the world's largest uranium mines are currently in care-and-maintenance mode and will only be economical to restart when prices are above production costs and are expected to remain stable or increase. Opening a new uranium mine is a long process that can take 10–15 years and requires significant capital investment.
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[Audio] Uses Of Uranium Uranium is the primary source of fuel for nuclear power plants which provides large-scale low-carbon baseload electricity for more than 30 countries around the world and is the world's second largest source of low-carbon electricity What Is Low Carbon Electricity Low-carbon electricity is electricity that's generated with a significantly lower amount of greenhouse gas emissions than electricity generated using fossil fuels.
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[Audio] Thank you for your attention Thank you for your time.