BHP wants to sell uranium to China for decades

[phantom power]

BHP Billiton, the world's largest mining company, is positioning itself to supply China with uranium for "decades'' as the country ramps up its nuclear plant program in a carbon conscious world.

Chief executive Marius Kloppers said nuclear energy would play a ``bigger role'' in China going forward and BHP Billiton was ``very actively positioning'' to be part of that.

"As China is developing its nuclear program, what it's doing is it's gearing up for a bigger build program,'' Mr Kloppers said in a DVD sent to shareholders.

"That will take a couple of years, but clearly we are positioning the company to, from our side, participate in that over decades, not just a couple of years.''

http://business.theage.com.au/business/bhp-wants-to-sell-uranium-to-china-for-decades-20080924-4n5q.html