Mongolia to Have Nuclear Power Plant by 2020: Official
Mongolia plans to build its first nuclear power plant around 2020, officials said Wednesday.
Bayarbayasgalan, head of the Nuclear Materials department of the Mongolian Nuclear Energy Agency, told the government-run news agency "Montsame" that about 20 companies, most of which are international, are now exploring for uranium in Mongolian territory, Bayarbayasgalan said.
He said the government wants to put the country's uranium resources into economic use.
Uranium will be processed in Mongolia and some will be used as raw material for a local nuclear power plant. Some uranium will be exported.
"This will contribute to the economic development of Mongolia," he said.
Bayarbayasgalan added that Mongolia will use its uranium resources for peaceful purposes.
Mongolia is rich in uranium resources. According to the International Atomic Energy Agency (IAEA), Mongolia ranks 16th in the world in reserves of uranium resources and 6th in the Asian continent following Kazakhstan, Uzbekistan, China, and India. However, currently more than 80 percent of the energy in Mongolia is still generated from coal.
Bayarbayasgalan, head of the Nuclear Materials department of the Mongolian Nuclear Energy Agency, told the government-run news agency "Montsame" that about 20 companies, most of which are international, are now exploring for uranium in Mongolian territory, Bayarbayasgalan said.
He said the government wants to put the country's uranium resources into economic use.
Uranium will be processed in Mongolia and some will be used as raw material for a local nuclear power plant. Some uranium will be exported.
"This will contribute to the economic development of Mongolia," he said.
Bayarbayasgalan added that Mongolia will use its uranium resources for peaceful purposes.
Mongolia is rich in uranium resources. According to the International Atomic Energy Agency (IAEA), Mongolia ranks 16th in the world in reserves of uranium resources and 6th in the Asian continent following Kazakhstan, Uzbekistan, China, and India. However, currently more than 80 percent of the energy in Mongolia is still generated from coal.
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