Antinuclear

Australia needing protection from nuclear China? – but keen to sell uranium to China

Hey China, come get our uranium, Northern Territory News, DAVID WOOD   |  November 8th, 2011 TERRITORY Resources Minister Kon Vatskalis has told Chinese mining conference delegates there were many uranium mining investment opportunities in the Territory for the next decade…..

Mr Vatskalis said since the start of a government strategy to increase Chinese investment, there had been 16 agreements signed between Chinese and Territory companies and 53 exploration licences granted to Chinese exploration companies with $157 million in publicly announced deals.

There have been 21 Chinese companies investment in exploration and mining in the Territory…

He said that there was great potential for uranium mines, with a prime example being a majority equity investment in the Energy Metal Bigrlyi project in the Ngalia Central Australian mine by China Guangdong Nuclear Power Group…..
http://www.ntnews.com.au/article/2011/11/08/271261_nt-business.html

November 14, 2011 - Posted by Christina Macpherson | business, Northern Territory, politics international