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« Gold-prices.biz Stock Trader Update 13 May 2015 | Main | China warned over 'insane' plans for new nuclear power plants »
Tuesday
May262015

China eyes Canadian uranium miners — report

China is looking for companies with large uranium deposits and low costs to meet domestic demand and a few Canadian miners including Fission Uranium and Cameco may be the potential targets.

the country is seeking miners that have least 30,000 tonnes of uranium resource, cash production no higher than US$25 a pound and total production costs of no more than US$45 a pound

Wang Ying, head of China National Nuclear (CNNC), has said the country is seeking miners that have least 30,000 tonnes of uranium resource, cash production no higher than US$25 a pound and total production costs of no more than US$45 a pound, Financial Post reports.


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