Peter Reeve, executive chairman of Aura Energy, predicted a...

Peter Reeve, executive chairman of Aura Energy, predicted a “huge future for nuclear” because of its ability to cater to a growing population.
“The world population is growing by the equivalent of one Germany every year. Standing still with water, food, energy and resources is not enough. You’ve got to be growing these things,” he said, pointing out that the number of nuclear reactors worldwide is predicted to double between now and 2030.
The Tiris open pit, which has a resource of 49m lbs, is an exceptionally shallow project – just 5-6m deep – meaning that Aura believes it can build the mine for just $50m.​