SP Angel Corporate Finance LLP

World Business Report: How the ban on mining uranium will have little effect on global supplies

18 Jun 2019

Iran says it will soon breach agreed limits on stockpiles of enriched uranium. Ariel Cohen, a Middle East expert at the Atlantic Council, tells us Iran is increasing tensions with the United States and after attacks on oil tankers, which were blamed on Iranian forces, it is risking conflict. Vast reserves of uranium will have to stay in the ground in Virginia after the US Supreme Court agreed that the state has the right to block mining of the commodity, which is used by the nuclear industry. Mining analyst John Meyer explains how the ban on mining uranium will have little effect on global supplies as there is currently a surplus.

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