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IAEA: No nuclear fuel crisis; reserves secure for 21st century

By ANI | Updated: September 28, 2025 12:30 IST

Moscow [Russia], September 28 (ANI/WAM): The International Atomic Energy Agency (IAEA) has dismissed concerns over a possible shortage of ...

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Moscow [Russia], September 28 (ANI/WAM): The International Atomic Energy Agency (IAEA) has dismissed concerns over a possible shortage of nuclear fuel, saying global uranium reserves will be sufficient to power nuclear plants through the end of this century.

IAEA Deputy Director General Mikhail Chudakov, told Russia's TASS news agency on the sidelines of World Atomic Week Forum in Moscow that mining activity follows market prices, with electricity production costs remaining the key factor. His remarks echoed those of Rosatom Director General Alexey Likhachev.

Chudakov added that ongoing geological exploration continues to reveal new deposits worldwide, reinforcing the long-term stability of the nuclear energy sector. (ANI/WAM)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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