1. AREVA and Cameco, the project operator, are the two main investors in Cigar Lake. Once it is in production by mid-2013, it will be the second largest high-grade uranium producing mine in the world, second only to Saskatchewan’s own McArthur River mine. “We’re in a big investment and development phase now,” said Richards, noting AREVA’s capital investments of over $200 million a year in Northern Saskatchewan. “We expect that to come to fruition about five years from now, when we hope to double our share of uranium production.”
3. China Guangdong Nuclear Power Group Co., the nation’s second-biggest atomic-plant builder, is planning two reactors in Lufeng city. Guangdong Nuclear is considering building two reactors with capacity totaling 2,000 megawatts, the company said in a statement on its website. The plant in Lufeng will be capable of housing six 1,000-megawatt reactors
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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