By JING YANG
SHANGHAIChina Guangdong Nuclear Power Holdings Co., one of the country's two nuclear-energy firms, said it will need more than 100,000 metric tons of uranium between 2009 and 2020 to feed its growing fleet of nuclear-power plants, a huge jump from current demand levels that underscores the scope of China's nuclear-energy ambitions.
Guangdong Nuclear Power's uranium needs will jump to 10,000 tons a year in 2020 from 2,000 tons this year, Zhou Zhenxing, chairman of the company's uranium-supply unit, said Thursday. Mr. Zhou, speaking at a conference, didn't detail how quickly the demand growth would accelerate within that period, although the company has several nuclear units expected to come online soon that will increase its demand.
Uranium needs at Chinese nuclear-power firm China Guangdong Nuclear, shown above, are forecast to increase by 2020 to 10,000 tons, from about 2,000 tons, to feed a growing fleet of power plants.
"Domestic uranium output is [by] far not enough to meet our needs," said Mr. Zhou, whose unit is called China Guangdong Nuclear Uranium Resources Co.
http://online.wsj.com/article/SB10001424052748704498804574559282224345214.html
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