re: Ann: Acquires 100% Interest in Zambian Ur... "HONG KONG (MarketWatch) ? China has lessons to learn from the accidents at Japan?s nuclear power plants, caused by Friday?s devastating earthquake, but won?t give up on nuclear energy, Chinese Vice Minister for Environment Zhang Lijun said, according to a Reuters report.
China currently generates about 10.8 gigawatts of power from nuclear facilities in the country, but efforts are on for a massive ramp-up in that capacity as it strives to reduce its dependence on polluting coal-fired plants, which are estimated to account for a majority of the nation?s power generation.
China is currently building about 28 reactors, and aims to start building nuclear plants with a capacity of about 40 gigawatts by 2015, Reuters reported, citing Beijing?s goals under the nation?s 12th Five-Year Plan, covering 2011 to 2015.
The comments came as shares of uranium-mining companies fell sharply in Sydney on concerns nuclear plants would receive a setback in the wake of Friday?s earthquake in Japan."
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