Additional Information
Market:ASX
Sector:General Mining
EPIC:.
Proactive Investors Australia

Proactive Investors is a leading financial and investor website and platform, dominating the "Small-Mid Cap" investor space with multiple investor "channels" and "touch-points."

 

Proactive Investors Australia is a part of the largest global financial investor network with offices in Australia, Europe, Asia and North America. 

Pdf

China brings first-fourth generation nuclear reactor online

Wednesday, July 27, 2011 by Joao Peixe, OilPrice.com
China brings first-fourth generation nuclear reactor online

China has brought its first fourth-generation nuclear reactor online. Located in the southwest suburbs of Beijing, fast neutron reactor has an electrical output of 20 megawatts and was connected to the mains Thursday.
 
The Chinese Institute of Atomic Energy said that it is the result of more than 20 years of research, the CIAE reported on its website.
 
China is the eighth country in the world to successfully test a fast reactor and use it to produce power, following the United States, Russia, France, Britain, Germany, Japan and India.

China’s first “fourth generation” fast neutron reactor, utilizes technology that aims to reduce the reactor’s consumption of uranium and minimize the production of radioactive waste.

The CIAE maintains that fast neutron reactors have two advantages: reducing uranium consumption and minimizing radiation effects. The consumption issue is important because China’s uranium reserves are limited and the country must import substantial quantities of ore to fuel the ongoing development of its civilian nuclear program.

Experts say that the fourth generation fast neutron reactors consume uranium with an efficiency 60 times greater than that of conventional (pressurized water or "second generation") reactors, while both reducing waste and ensuring that the toxicity of their radioactive byproducts is "only" a few centuries when in the older reactors the radioactivity levels of some of the waste byproducts can remain dangerous for thousands of years.

China, which is heavily investing in nuclear energy to reduce its dependence on fossil fuels like coal and oil, only brought its first nuclear power plant online in 1994 and now, after the March nuclear debacle in Fukushima, is currently the country with the most reactors under construction.

Source: Oilprice.com

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.