China on track to become top nuclear power generator by 2030

China on track to become top nuclear power generator by 2030

BEIJING -- China has approved plans for building 10 nuclear reactors for 200 billion yuan ($27.7 billion), putting the country on track to push its nu

By carrying out research in the Ordos desert, China has found a deposit containing more than 30 million tons of uranium. This discovery will allow countries to feed its nuclear power plants from its own resources and could have an impact on the world market... Read more China discovers a huge deposit of 30 million tons of uranium under the desert appeared first on NeozOne.

Chinese authorities have approved the construction of ten new nuclear reactors for 200 billion yuan ($27.7 billion) with a total capacity of about 12,000 MW, the Japanese weekly Nikkei Asia reported on Friday. This means that by 2030, China could become the world leader in nuclear energy production, overtaking the United States. Eight of the planned units are domestically produced Hualong One reactors, and two are Westinghouse CAP1000 reactors, …

Chinese authorities have approved the construction of ten new nuclear reactors with a combined capacity of about 12,000 MW. The total investment is 200 billion yuan (about $27.7 billion), reported the Japanese weekly Nikkei Asia. The implementation of these projects could make China overtake the United States as the world leader in nuclear energy production by 2030.

Thorium: One Step Closer to China’s Energy Fortress - Fat Tail Daily

If you’re a regular reader of Mining Memo, you’ll know we spent the last few weeks covering nuclear and the potential opportunity in certain uranium stocks. It was part of a special three-part series that you can revisit here. But if you want to explore the future of nuclear energy even further, you have to look at what’s happening in China. Which is why this piece from the South China Morning Post caught my attention last week: China has world’…