fbpx

Type to search

Chinese Researchers Stumble on Vast Uranium Reserves – SCMP

The fresh deposits raise China’s reserves to more than 2 million tonnes, which is almost on a par with uranium-rich Australia


Uranium mine
Using some of the world’s most advanced technology and equipment, Chinese geologists increased the exploration depth to 3,000 metres (nearly 10,000 feet) – six times deeper than most of the country’s uranium mines. This image shows the Mulga Rock uranium mine in Western Australia. Photo: Vimy Resources.

 

Chinese researchers have stumbled upon vast reserves of uranium deep below the earth’s surface in what authorities are calling a breakthrough for Beijing’s national security, the South China Morning Post reported, citing nuclear authorities.

The fresh deposits raise China’s reserves to more than 2 million tonnes, which is almost on a par with uranium-rich Australia, the report said, citing scientists undertaking the project.

Read the full report: South China Morning Post.

 

 

ALSO READ:

 

Australian Uranium Miners Vimy, Deep Yellow in $495m Merger

 

Global energy transition set to spark minerals boom

 

Rare Earth Market Watches as Greenland Votes Against Mining

 

 

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 and has a family in Bangkok.

logo

AF China Bond