China’s total known uranium resources increase by one-third in past decade: report

Aerial photo taken on Dec 1, 2021 shows nuclear power units under the China National Nuclear Corporation (CNNC) in Fuqing, southeast China’s Fujian Province. Photo:Xinhua China has added one-third of its total known uranium resources, accumulated in the past 68 years, during extensive survey and exploration work during the past 10 years, while 70 percent of the newly discovered resources are fine, extractable resources, according to an industry report published on Friday by the China Nuclear Geology, a subsidiary of Chinese nuclear giant China National Nuclear Corporation (CNNC).

The success in surveying and exploration, the frontend of nuclear fuel cycle, has guaranteed the stable and highly effective supply of natural uranium, and has ensured the nation’s nuclear industry to firmly hold the rice bowl in its own hands, as China toils to enhance its mineral supply security with a national campaign, industry experts said.

According to the latest assessment of China’s […]

Click here to view original web page at www.globaltimes.cn

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.