October 3, 2013

China Set To Build 200 Nuclear Power Plants

Published on Thursday October 03 2013 (AEST)  
Beijing: China plans to build 200 new nuclear power plants and speed up the construction of 29 more as part of efforts to cut the high level of emissions generated by the large-scale use of coal. 

China’s demand for nuclear plants will reach 200, with four to six new projects being approved annually before 2015, said Jian Jingwen, deputy head of the equipment department at the State Nuclear Power Technology Corporation.

The number will touch 10 plants every year after 2020, Jian was quoted as saying by state-run China Daily.

China plans to increase nuclear power generation capacity from 10.7 gigawatts in 2010 to 160 gigawatts in 2040, the report said.

China is also strengthening its efforts to develop clean energy. When it comes to finding a solution to China’s air pollution problem, experts and environmental officials are unanimous in their belief that nuclear power is the way to go even though misgivings remain, the report said.

China will also account for 40% of the global net increase in nuclear capacity between 2010 and 2040, the report said, quoting an international energy outlook released by the US Energy Information Administration.

A total of 29 atomic plants are being built after the Chinese government lifted a ban imposed after the Fukushima nuclear plant disaster in Japan.

Nuclear energy is preferred as China is unable to bring down the high pollution levels generated by excessive use of coal in most manufacturing units, officials say.



October 1, 2013

ASX Uranium Explorer Aura Energy Adds To Uranium footprint In Mauritania

Published on Tuesday October 01 2013 (AEST)  

Aura Energy (ASX: AEE) has an opportunity to add to its 49 million pound uranium resource in northern Mauritania, with a deal which would add 1,000 square kilometres of prospective ground in the Reguibat calcrete uranium province.

The region is regarded by many as one of the world's least explored for calcrete uranium deposits. The deal with Groupe Azizi could expand the company’s existing nearby Oum Ferkik resource of 16 million tonnes at 305pp U3O8.

Reconnaissance by Aura, and work by Groupe Azizi, has previously confirmed the presence of widespread uranium mineralisation at, or close to surface, in the two permits.

 Several pits dug by the company contained visible carnotite mineralisation that returned between 400ppm and 540ppm eU3O8, measured by spectrometer.

In addition, the permits contain 30 square kilometres of strong radiometric anomalies that Aura’s recent experience in the Reguibat Project indicates is directly linked to uranium mineralisation.

Under the terms of the Agreement, Aura can earn a 65% interest in the tenements by completing a preliminary feasibility study.

The company is currently assaying 150 samples of soils collected from the permits by Groupe Azizi to obtain a better picture of the distribution of uranium.

It then plans to carry out ground radiometric surveys and further sampling to define targets for drilling.