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China’s Largest Uranium Mining Project Under Construction
Date: October 4, 2023
The China National Nuclear Corporation (CNNC) has commenced the construction of the country’s largest uranium mining project located in the Ordos Basin, Inner Mongolia Autonomous Region. This significant development aligns with China’s broader nuclear energy strategy and is expected to bolster the nation’s security in uranium supply.
Project Details and Technological Innovations
This project will feature the highest production capacity for natural uranium in China, underscoring its strategic importance. With key technical indicators among the best globally, the project aims to uphold superior safety, environmental, and efficiency standards. Notably, it will employ in-situ leaching techniques utilizing CO2 and O2, effectively reducing water usage, gas emissions, and solid waste output while also minimizing carbon emissions.
Advanced technologies will also play a pivotal role in this initiative, with plans to integrate automation, remote centralized control, and comprehensive big data analysis. These innovations are anticipated to streamline operations and ensure precise mining practices, further enhancing the project’s overall effectiveness.
Investment and Market Implications
The total investment for the project is projected at approximately 1.5 billion yuan (equivalent to $206.82 million). Such financial commitment reflects China’s determination to meet the escalating demand for uranium as the country aims to ramp up its nuclear energy capabilities to sustain economic growth.
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