Mining

China Starts Drilling 10,000-Metre Deep Hole in Xinjiang – Xinhua

 

China started work on Tuesday (May 30) on a exploratory bore hole with a team that aims to drill 10,000 metres into the Earth’s crust, according to a report by Xinhua, which said the “scientific project” is in the Tarim Basin, in northwest China’s Xinjiang Uyghur Autonomous Region.

The state media outlet hailed the effort to drill a hole deeper than Everest, the world’s highest mountain, as “a landmark in China’s deep-Earth exploration” that provides “an unprecedented opportunity to study areas of the planet deep beneath the surface”.

See: Xinhua.

 

ALSO READ:

 

US to Target Investment in China Chips, AI, Quantum Computing

 

China’s $1.5trln Brokerage Sector Set For More Pain – SCMP

 

Singapore Oil Tycoon Accused of Cheating HSBC Out of $111m

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

Recent Posts

FTX Crypto Fraudster Bankman-Fried Jailed For 25 Years

A US District Judge said the former billionaire wunderkid was responsible for one of the…

14 hours ago

China’s Big 5 Lenders Warn of Property Risks as Margins Shrink

Banks have been reluctant to deepen their exposure to the ailing real estate sector but…

16 hours ago

Chinese Biotech Giant WuXi ‘Sent US Client’s Data to Beijing’

US intelligence officials say Chinese pharma companies are risking national security at a time when…

20 hours ago

China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’

BYD has set back plans for an EV factory in Vietnam, while CATL has said…

20 hours ago

Yellen: China’s Green Energy Push a Threat to Global Jobs – AP

US Treasury Secretary Janet Yellen has accused China of ‘distorting prices’ with its increased green…

21 hours ago

Yen Fears Drag on Nikkei, Hang Seng Lifted by Policy Bets

Japan’s plunging currency and the threat of BoJ intervention sent Tokyo’s soaraway benchmark downwards

22 hours ago