dont worry about the price how clever is

MK & Hobbs think about this eastern europe. and who is in eastern europe only one of the largest known recoverable Uranium countries Kazakstahn and there neighbour is uh lets see CHINA. Me thinks a heck of a lot of work has already been done and it wont be long as they are quote looking at advanced uranium PRODUCTION assets.

Known Recoverable Resources* of Uranium tonnes U percentage of world
Australia 1,074,000 30%
Kazakhstan 622,000 17%
Canada 439,000 12%
South Africa 298,000 8%
Namibia 213,000 6%
Russian Fed. 158,000 4%
Brazil 143,000 4%
USA 102,000 3%
Uzbekistan 93,000 3%
World total 3,622,000



http://www.world-nuclear.org/info/inf63.htm

Nuclear Power in China

April 2006





Mainland China has nine nuclear power reactors in operation and a further two units under construction. Additional reactors are planned, to give a fivefold increase in nuclear capacity to 40 GWe by 2020.
The country aims to become self-sufficient in reactor design and construction, as well as other aspects of the fuel cycle.
Electricity demand is growing very rapidly.
Mainland China is starting to rely heavily on imported uranium to fuel its nuclear power program.
On Taiwan six nuclear power reactors operate and two advanced reactors are under construction.

Uranium resources, fuel cycle

China's known uranium resources of 70,000 tU are theoretically sufficient to fill the requirements for the mainland nuclear program for the short-term.


Production of some 750 t/yr - including that from heap leach operations at several mines in Xinjiang region - supplies about half of current needs. The balance is imported (reportedly from Kazakhstan, Russia, and Namibia).