What Is Economic Importance Of Uranium?

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Uranium is a chemical element which is silvery gray and metallic in nature. It has the highest atomic weight amongst all the naturally occurring elements.

Uranium has many applications specifically in the military sector. It is used in high density penetrators. Tank armor and armor on combat vehicles is hardened by using depleted uranium. It is also used as shielding material in containers which are used to store radioactive materials. It is also used in gyroscopic compasses and inertial guidance.

In the civilian sector, it is used as a fuel in commercial nuclear power plants. It was also used for yellow glass and pottery glazes. It was also used as a photographic chemical, as lamp filament, and in leather and wood stains. Thus it has a lot of economic importance for the world.

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