Sweden to return to uranium mining

Romina Pourmokhtari became the youngest cabinet minister in Sweden’s history Uranium mining is set to return to mainland Europe as the region seeks alternatives to Russian nuclear fuel and Sweden pushes to treble its atomic energy capacity, the country’s climate minister has said.

Romina Pourmokhtari, who last year became the youngest cabinet minister in Swedish history at the age of 26, said there was a parliamentary majority behind lifting Sweden’s ban on uranium extraction and opening up by far the largest deposits in the European Union.

Nearly 40 years after the completion of the country’s last new nuclear power plant, Pourmokhtari has announced plans to build at least ten large reactors to meet an anticipated surge in demand for zero-carbon power. Pourmokhtari with Crown Princess Victoria of Sweden in June Pourmokhtari with Crown Princess Victoria of Sweden in June ANDERS WIKLUND/TT/SHUTTERSTOCK/REX FEATURES

She said that while wind and solar power would be […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet