China energy arm plans to up nuclear capacity
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  • Reports noted that China will shortly announce a plan to nearly double its 2020 nuclear power capacity goal to 75,000 megawatts (up from the 40,000) and towards this end, the government was urging firms to acquire uranium from abroad to build up a fuel reserve. China's new energy plans will give renewed hope to the global nuclear industry, represented by firms such as Areva of France and US-based Westinghouse, while offering a market for uranium suppliers such as Anglo-Australian BHP Billiton1.

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