Categories
Commodities Energy & Environment

CNNC to open four new uranium mining bases in China by 2020

State-owned China National Nuclear Corp has announced plans to build four new uranium mines in China, South China Morning Post reported, citing the firm’s chief engineer Zhang Jindai. Zhang said the mining bases in Guangdong, Jiangxi, Xinjiang and Inner Mongolia would each have annual output capacity of 1,000 tons of raw ore, or just under a quarter of the projected annual demand for nuclear fuel in 2020. Only about 30% of China’s annual demand was met by domestic output last year, according to Zeng Yijun, a deputy director of the firm’s Beijing Research Institute of Chemical Engineering and Metallurgy.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading