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25-02-08, 12:03
China discovers uranium deposit in Xinjiang
By Jon Nones
20 Feb 2008 at 11:23 AM
According to a short article by Commodity Online, China on Wednesday announced the discovery of 10,000-tonne level leaching sandstone-type uranium deposit in the northwest of the country.
According to an official statement from China’s Mineral Ministry, Chinese geologists took 17 years to make this breakthrough discovery at Yili basin, which is in the northwestern Xinjiang Uygur Autonomous Region.
The deposit could produce more than $40 billion worth of uranium, coal and associated minerals, with coal resources totaling more than 4 billion tonnes.
By Jon Nones
20 Feb 2008 at 11:23 AM
According to a short article by Commodity Online, China on Wednesday announced the discovery of 10,000-tonne level leaching sandstone-type uranium deposit in the northwest of the country.
According to an official statement from China’s Mineral Ministry, Chinese geologists took 17 years to make this breakthrough discovery at Yili basin, which is in the northwestern Xinjiang Uygur Autonomous Region.
The deposit could produce more than $40 billion worth of uranium, coal and associated minerals, with coal resources totaling more than 4 billion tonnes.