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China Uncovers Country's Biggest Uranium Deposit

Interfax-China - Feb 25, 2008

State-owned China National Nuclear Corp. (CNNC) has discovered China's largest uranium deposit to date, with the new find in the Inner Mongolia Autonomous Region estimated to hold tens of thousands of tonnes of uranium, state media reported today.

The deposit, in Ordos, was discovered around the same time as another large uranium deposit that has reserves of over 10,000 tonnes. The other deposit was uncovered in Ili in the Xinjiang Uyghur Autonomous Region, according to People's Daily.

Detailed figures regarding the size and scale of both deposits have not been publicly released. According to an official statement from China’s Mineral Ministry, Chinese geologists took 17 years to make this breakthrough discovery at Yili basin.

Read Full Article from Interfax-China

- Posted: 2008-02-26 09:59:44


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