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« Three Mile Island, and Nuclear Hopes and Fears | Main | Niger could sign new deal with Areva within days: mines minister »
Sunday
Apr272014

Taiwan to halt construction at fourth nuclear power plant

The Taiwan government will halt construction at the island's fourth nuclear power plant as local opposition to atomic energy continues to mount.

President Ma Ying-jeou's Kuomintang party says a decision has been made to seal off the plant's first reactor after the completion of safety checks.

And construction of the second reactor will be halted immediately.

The move is the latest sign of pressure on Mr Ma's administration from opposition parties and anti-nuclear activists, who are concerned about the safety of such facilities in earthquake-prone regions of Taiwan following the 2011 Fukushima disaster in Japan.

Tens of thousands of protesters gathered in downtown Taipei over the weekend, urging the government to abandon nuclear energy.

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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 or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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