{"id":449,"date":"2010-11-17T16:50:01","date_gmt":"2010-11-17T05:50:01","guid":{"rendered":"http:\/\/www.australianuranium.com.au\/blog\/?p=449"},"modified":"2010-11-17T16:50:01","modified_gmt":"2010-11-17T05:50:01","slug":"china-targets-45-50-billion-tons-of-uranium-by-2010","status":"publish","type":"post","link":"https:\/\/www.australianuranium.com.au\/blog\/china-targets-45-50-billion-tons-of-uranium-by-2010\/","title":{"rendered":"China targets 45-50 million tons of Uranium supply per year by 2020"},"content":{"rendered":"

A recent presentation by James Dines a self confessed uranium bug contained a very interesting snippet: China will be building 2 new nuclear reactors a week by 2020<\/strong>.<\/p>\n

And on the demand side, this week John Borshoff reckons that China has come “out of its slumber\u2019\u2019 and piled up 133 million pounds in long-term supply contracts. According to Businessday.com’s B Fitzgerald.<\/p>\n

\u2018\u2019Although they have sucked (up) a chunk of new production they are nowhere near their target of acquiring in the vicinity of 45-50 million pounds per annum by 2020.<\/strong>\u2019\u2019 J Borshoff Paladin<\/a> CEO.<\/p>\n

This augurs well for Australia<\/a> as we have somewhere around 40% of the world’s uranium.<\/p>\n

BUT:<\/p>\n

It seems ludicrous that Australia doesn\u2019t have its own cradle to grave uranium business as we have over 40% of the world\u2019s economic uranium resources, (www.australianuranium.com.au<\/a>) plus a vast amount of land providing us with plenty of places where we could build a dedicated port and processing\u00a0facility.<\/p>\n

Eventually our cheaply exported uranium will run out and we will have missed another opportunity to capitalize on what we have by value\u00a0adding. <\/strong><\/p>\n

That Australia will miss out on being a vital cog in making nuclear energy safe via the oversight that a cradle to grave solution offers should shame us and our grandchildren will likely not thank us for our lazy\u00a0complacency.<\/p>\n","protected":false},"excerpt":{"rendered":"

A recent presentation by James Dines a self confessed uranium bug contained a very interesting snippet: China will be building 2 new nuclear reactors a week by 2020. And on the demand side, this week John Borshoff reckons that China has come “out of its slumber\u2019\u2019 and piled up 133 million pounds in long-term supply … Continue reading “China targets 45-50 million tons of Uranium supply per year by 2020”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-449","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=449"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/449\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}