
Follow-up - INA
Saudi Minister of State for Foreign Affairs and Climate Envoy, Adel Al-Jubeir, said today, Thursday, that his country seeks to establish a nuclear program to generate nuclear energy by taking advantage of uranium reserves, which are estimated at between 1% and 4% of global reserves.
Al-Jubeir added, in a statement during a dialogue session hosted by the "Saudi House" at the Davos World Economic Forum, that "the Kingdom is one of the largest energy producers in the world, and wants to export various energy products to the world, including oil, gas, electricity, solar energy, water energy and even nuclear energy," and explained, "We do not want to be a country where mining companies come to extract minerals and transport them abroad for processing, refining and energy production outside the country, to end up with a hole in the ground and benefit from only 10% of the value!" He continued, "We want to convert uranium into fuel that is sold at a higher price, and this includes all the stages that convert uranium from raw material to energy, as well as benefiting from industries related to the field and benefiting from the profits."
He stressed that "his country wants to benefit from the jobs, industries and profits resulting from uranium mining and enrichment, and "we believe that we can achieve this in a way that has nothing to do with the production of nuclear weapons"; as our primary goal is to produce energy and achieve profits."
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