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China Mulls Joint Development Of Foreign Uranium

21 February 2006 -- China is studying the possibility of jointly developing uranium reserves abroad to fuel its massive planned expansion of nuclear power over the next 15 years.

A senior official with the China National Nuclear Corp. (CNNC), Shen Wenquan, made the comment today on the sidelines of a conference in Shanghai.

However Shen didn't say which countries might be considered.

CNNC is responsible for China's civilian and military nuclear programs. It already has a 30 percent stake in a unit of Kazakhstan's national nuclear company, KazAtomProm, with rights to develop a uranium deposit in the south of the country.

Kazakhstan, Uzbekistan, and Russia are among the biggest uranium producers in the world.

(AP)

Copyright (c) 2006. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org