New Discovered Uranium Deposit In Poland Could Fuel Future Polish Nuclear Power Plant

By Grzegorz Adamczyk of RMX.news

The Świętokrzyska Industrial Group Industria (ŚGP Industria) has confirmed the presence of uranium in a deposit within the Świętokrzyskie Region in southern Poland. The company now plans to undertake further exploratory work to determine the deposit’s size and potential extraction methods. This finding was made during exploratory activities, though the company has chosen not to disclose the exact location at this time. In the coming months, detailed work will be carried out to establish the deposit’s size and potential exploitation methods.

new discovered uranium deposit in poland could fuel future polish nuclear power plant
A uranium ore pile is the first to be mined at the Energy Fuels Inc. uranium Pinyon Plain Mine, Wednesday, Jan. 31, 2024, near Tusayan, Ariz., USA. (AP Photo/Ross D. Franklin)

The International Atomic Energy Agency estimates that Poland has approximately 100,000 tons of natural uranium, although only 7,000 tons have been confirmed so far. ŚGP Industria received an exploratory concession from the Ministry of Climate and Environment for a polymetallic deposit containing uranium in the region.

Following the company’s efforts, the presence of uranium in the deposit was verified. Continued exploration over the next few months will aim to precisely determine the content of various elements in the deposit, its size, and potential extraction methods.

“I am very pleased that our efforts over the past three years to develop mining in the Świętokrzyskie Region and access to critical raw materials in Poland, including uranium crucial for the nuclear sector, are bearing fruit,” said Szczepan Ruman, president of the Board of ŚGP Industria. He added that the discovery of the uranium deposit is an important event from the perspective of developing cooperation with Rolls-Royce on implementing small modular reactors (SMRs) in Poland.

The company conducted its studies based on documents from the National Geological Archive of the State Geological Institute in Warsaw. These documents include data from the Soviet atomic program and uranium ore searches in the Świętokrzyskie Mountains in the 1950s.

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Authored by Tyler Durden via ZeroHedge May 4th 2024