Uranium

Welcome To The Uranium General Discussion Forum On AGORACOM Edit this title from the Fast Facts Section

I thought this would have impacted junior uraniums but doesn't look like much effect right now:

----------

China suspends approval of nuclear plants

By Leslie Hook in Beijing

Published: March 16 2011 15:47 | Last updated: March 16 2011 17:05

The revival of the global nuclear industry has suffered a major setback after China, the biggest builder of reactors around the world, suspended approval of new nuclear plants.

The country accounts for nearly 40 per cent of the world’s planned reactors and its nuclear ambitions have been a major driver of the global uranium market and were seen as being a key source of future demand.

Beijing’s move comes a day after Germany idled a third of the country’s nuclear capacity in response to the Japanese nuclear crisis and could reshape global energy policy.

“Until the nuclear safety plan is approved, we will suspend approvals of new plants including those in the pre-development phase,” said the State Council, the Chinese cabinet, after a meeting on Japan's nuclear situation.

Please login to post a reply
AGORACOM-GT
City
Toronto
Rank
Administrator
Activity Points
9251
Rating
Your Rating
Date Joined
10/08/2007
Social Links
Private Message
Uranium
Symbol
URA
Exchange
AMEX
Shares
Industry
Metals & Minerals
Website
Create a Post