Australian news, and some related international items

China dropping uranium imports as nuclear industry’s future in doubt

Uranium imports in marked decline, Energy industry waiting for new plan following Japan nuclear crisis, By Liu Yiyu (China Daily) 3Aug 11, Beijing – Imports of uranium slowed during the first half of this year, amid industry uncertaintycaused by Japan’s Fukushima nuclear crisis.

China imported 5,356 tons of uranium in the first six months of 2011, a 13 percent year-on-yeardrop, according to figures released by the General Administration of Customs.In the corresponding period last year, China imported 6,065 tons of the nuclear fuel, 2.5 timesthe amount for the previous year.

In 2010, China tripled its uranium imports from 2009 levels to 17,136 tons.

The slowdown suggests that uranium importers, including China National Nuclear Corp and

China Guangdong Nuclear Power Group (CGNPG), are still uncertain about the industry’sprospects before

the central government issues the revised nuclear development plan, XuYing, industry analyst at Donghai Securities, said.

China suspended approvals for new nuclear projects following the Fukushima accident inMarch and launched a six-month long national nuclear facility safety check in April…..

August 6, 2011 - Posted by | Uncategorized

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