China Nuclear Tech May Lessen Uranium Demand -BMO

China Nuclear Tech May Lessen Uranium Demand -BMO
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Τρι, 4 Ιανουαρίου 2011 - 18:59
China has developed technology to reuse spent nuclear fuel, the country's state TV said, according to the BBC. This may put a damper on China's expected nuclear fuel use, BMO Capital says - only the UK and France currently reprocess major amounts of fuel, and their reprocessing makes up 5% of world supply.
China has developed technology to reuse spent nuclear fuel, the country's state TV said, according to the BBC. This may put a damper on China 's expected nuclear fuel use, BMO Capital says - only the UK and France currently reprocess major amounts of fuel, and their reprocessing makes up 5% of world supply. 
China is the fastest growing user of nuclear power and fuel, and has plans underway for more than two dozen new reactors this decade. However, BMO notes that it will take China a long time to develop the recycling technology, with the first full-scale reactor not built until the early 2020s.

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