UCIL bets on greenfield mines, copper residue to double uranium output by 2036

UCIL, a key Indian uranium producer, has announced plans to double its uranium output by 2036 through the development of new greenfield mines and the utilization of copper residue. This move is significant as India aims to boost domestic uranium production to support its expanding nuclear power programme. The increased output will help meet the country's growing energy demands and reduce reliance on imported uranium.

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UCIL is expanding production to meet growing demand from India's nuclear power programme. This could lead to increased investment in the sector and higher uranium prices.

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