Vietnam Uranium Deposits

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

WISE reports that Vietnam and Japan will cooperate in developing and using nuclear energy for peaceful purposes under an agreement signed in Hanoi. The agreement covers such fields as radioactive isotope and radiation research, light-water reactor design and operation, radioactive waste storage, transport, and treatment, and legal framework for the peaceful nuclear energy sector as well as uranium exploration, processing, and milling to form fuel pellets. Vietnam plans to explore for uranium ... On Sep. 7, 2010, NWT Uranium Corp. announced that it has signed a Memorandum of Understanding (MOU) with Vietnam Atomic Energy Institute external link (VAEI). Under the current MOU, NWT will be directly involved in all aspects of uranium exploration including analyzing and assessing uranium ore, evaluating technical and economic feasibility of properties and ultimately, and assistance with developing the VN nuclear energy sector.

The Vietnam Geology and Minerals Department external link reported that it will implement projects on uranium exploration in Pa Lua-Pa Rong in Nam Giang district, Quang Nam province in the central region. Mineralization has, to date, been reported mainly in northern and central regions, like Son La, Yen Bai, Thanh Hoa, Bac Kan, Lam Dong and Binh Thuan. They estimated demand for uranium to rise to 680 tons. Uranium ore may occur in the Central region of gritstones. Initial exploration and research by the Radioactive and Rare Earth Geological Division under the Department of Geology and Minerals showed that geological conditions in Nong Son District in the central province of Quang Nam warrant further formal investigation. Hung said the production cost of extracting 1 kg of uranium from reserves in Nong Son appears to be likely lower than that from the Cao Bang Binh Duong and the Lai Chau Nam Xe districts in the North-western region.But further investigations are required to establish a formal uranium reserve base in Vietnam.

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