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quote:China is seeking permission from the federal government to explore and mine uranium in Australia.
Wang Jun, from China's National Development and Reform Commission reportedly questioned Australian officials about such mining and was told that the Federal Government would not prevent it.
But the director-general of the Australian Nuclear Safeguards Office John Carlson says the mining would come under state and territory jurisdiction and China would need to get permission as such.
The Northern Territory government says there are already a number of international players exploring sites, which has up to $12 billion in uranium deposits.
Canberra has previously used its powers to intervene, when it comes to uranium mining in the territory, despite opposition from its government.
Australia exported 9,648 tonnes of uranium last year, none of which went to China.
This will be interesting! either they will jump on an existing stock or do what Canada does here in Oz start up their own exploration resource company