From International Herald Tribune:
China is finding it hard to obtain enough uranium to fuel the nuclear power reactors it plans to build, according to the country’s top energy official.
The comments by Chen Deming, a vice chairman of the National Development and Reform Commission, came just months after China signed a deal with Australia giving it access to yellowcake from Australia, which has about 40 percent of the world’s recoverable uranium reserves.
“Where are the materials? I still have no answer now and am searching for materials in other countries, including Australia,” Chen said Saturday at the annual Boao Forum for Asia on the southern island of Hainan. [Full Text]