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« Warily Leading Japan’s Nuclear Reawakening | Main | Exclusive: Dungeness nuclear power station quietly taken offline for five months over fears of Fukushima-style flood disaster »
Thursday
Mar202014

Survey: China Works Thorium into Nuclear Plans

By  - Exclusive to Uranium Investing News

The heat is on. Or at least that’s the intention with the new thorium-fired nuclear plants that China is looking to build. Scientists in Shanghai are on an accelerated schedule to develop the first fully functioning thorium reactor within the next 10 years.

Initially given a 25-year time frame for the project, Professor Li Zhong, a scientist working on the project, explained to South China Morning Post that “[i]n the past the government was interested in nuclear power because of theenergy shortage. Now they are more interested because of smog.”

And of course, pollution is a pressing problem for the country.

“The problem of coal has become clear,” Li told SCMP, adding, “[i]f the average energy consumption per person doubles, this country will be choked to death by polluted air.”

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The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal?

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