Meir Dagan, ex chief of Special Projects (aka Mosad) is now in the drilling rights business. Gingko is a small company that joined Urieli (a small contractor from Herzliya that built the Tnuvot Wastewater Treatment Plant) to form Gulliver (what a pompous name!) that has won a few drilling rights in the Mediterranean and the Aravah Desert. The Arava's water is radioactive, and it is known that there are phosphate deposits with uranium in several layers. Can this deposit be exploited? I think there are technologies of injecting solvents into the rock and pump it up to the surface. Is it profitable? Will Israel subsidize uranium mining? Gingko is asking investors to give it money. Will I live long enough to see the fruits of Gingko?
3 comments:
When you say, "exploited" are you referring to the water, the uranium, or both? Can they be separated easily?
Anon.
The idea is to extract uranium. The radioactive water is less than worthless.
Yes, but how do you dispose of the radioactive water?
Anon.
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