China says mastered nuclear fuel reprocessing
RIA Novosti, PUBLISHED January 04, 2011
Chinese scientists have developed own technologies for reprocessing spent nuclear fuel, which could increase the country's power supply dramatically, state television reported on Monday.
"Globally, within the nuclear fuel industry, we're one of a minority of countries that can do the nuclear fuel cycle," Sun Qin, general manager of the state-run China National Nuclear Corporation (CNNC) which developed the technology, was quoted as saying in the report.
Scientists have been working on the reprocessing technology for 24 years, he added.
The country has enough fuel to last up to 70 years, but the breakthrough could yield enough extra fuel to potentially extend that to 3,000 years, the TV report said.
The invention would be an important step forward in China's plans to increase the share of alternative power sources in its energy and achieve energy security.
Several countries including Russia, India and Japan already reprocess irradiated nuclear fuel. Each country's process is considered an industrial secret and not shared.
Russia confirmed its participation in a tender to build Egypt's first nuclear power plant and said it was willing to help finance the project.
ARMZ will pay eight Australian dollars per share, which represents a 15.5 percent premium on the average market price for 20 trading days.
Russia will start building Turkey's first NPP estimated at $20 billion in 2013, Russian ambassador to Ankara Vladimir Ivanovsky said.
Hero of the day
Further proof of this fact was provided by Obama Nuclear Security Summit held in Washington on April 12-13. However, this goal is unlikely to be achieved in four years.