China’s energy needs drive uranium search

..The general manager of the Beijing energy consultancy Falcon Pioneer Technology, Han Xiaoping, said Australia should not be worried about the diversion of its uranium into any military uses because China would fully accept International Atomic Energy Agency regulations and safeguards, along with inspections of its civilian nuclear facilities under the nuclear non-proliferation treaty.

“I will be very glad to see a uranium sale contract signed during Premier Wen’s visit … because China faces a serious environment problem from coal-based power generation,” Mr Han said.

“If China cannot find a better solution, it will not only deteriorate the global environment, but also destabilise international oil prices.”

Sidney Morning Herald