China Confirms Commitment To Uranium, Nuclear Sector

Reuters reported China’s biggest nuclear firm said nuclear project will be approved more slowly over the next few years to allay safety concerns, but commitment to the sector remained undimmed.

As quoted in the market news:

Sun Qin, the chairman of the state-owned China National Nuclear Corporation, said development was at an early stage and setbacks were unavoidable, but nuclear power remained an essential component of China’s energy strategy and the industry needed to do more to persuade the public of its virtues.

Click here to read the full Reuters report.