Chile and France sign deal for development of uranium

Wednesday, March 2nd 2011 - 03:47 UTC

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Chile and France on Saturday signed a deal promoting the exploration and development of uranium. The deal between the state-owned Codelco (copper mining company) formalizes France’s ability to source minerals, including uranium, from Chile’s mining sector. Read full article

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GeoffWard
This recognises that France, heavily dependent on uranium for its nuclear energy industry, has to negotiate into deals with the world's new players if it is to protect its access to its source materials.

Best to do this early before the rapidly up-coming Chinese nuclear industry ties-up all the negotiatable uranium deposits !

And it points up the need for the rest of the developed/developing world to protect its sources if their industries are to survive.
Mar 02nd, 2011 - 02:34 pm - Link - Report abuse 0
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