5/13/2011

A subsidiary of China's nuclear power giants to develop new uranium deposits

China Guangdong Nuclear Power Group (China GuangdongNuclear Power Group) uranium subsidiary said it is working on two continents in the large mine.

The two mines will be located in Guangdong province in southern China and Northwest China's Xinjiang Uygur Autonomous Region, according to Saturday's China Daily.

A move that could add up to 1,000 tons, to the country's nuclear fuel production capacity.

"These two mines are expected to begin in 2013, each not exceeding 500 tons of annual production capacity of the operation,"the paper quoted Zhou Zhenxing, uranium resources in the Guangdong Nuclear Power Group Co., Ltd (China GuangdongNuclear Power Group - URC reagent) Chairman said .

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