CNNC and China Minmetals Chiefs Agree on Uranium, Overseas Nuclear Power, Green Energy and Ultra-Carbon Tech
On August 7, CNNC Chairman Shen Yanfeng met with China Minmetals Chairman Chen Dexin at the latter's headquarters. The two sides reviewed cooperation results since signing a strategic agreement, including uranium resource development and overseas nuclear power construction. They reached a consensus on expanding collaboration in key mineral project development, critical materials, green power direct connection, ultra-carbon technology in mining and metallurgy, and digital intelligence applications.
On August 7, Shen Yanfeng, Party Secretary and Chairman of CNNC, led a delegation to China Minmetals Corporation and called on Chen Dexin, Party Secretary and Chairman of China Minmetals. The two sides exchanged views on further strengthening strategic cooperation. They reviewed the cooperation results achieved since the signing of the strategic cooperation agreement in areas including uranium resource development, overseas nuclear power construction, and scientific research project breakthroughs, and discussed cooperation potential in key mineral project development, cooperation in critical materials, as well as green power direct connection for new energy, ultra-carbon technology cooperation in mining and metallurgy, and digital intelligence applications.
Why this event matters
The event has a measured impact on 4 industrys. The strongest current signal is positive for Nuclear Power, with intensity 30/100 and 40% confidence over a medium term horizon.
Nuclear Power
- Direction
- positive
- Intensity
- 30
- Confidence
- 40%
- Horizon
- Medium term
Energy Transition Metals
- Direction
- positive
- Intensity
- 30
- Confidence
- 40%
- Horizon
- Medium term
Base Metals
- Direction
- positive
- Intensity
- 25
- Confidence
- 35%
- Horizon
- Medium term
Wind & Solar Power
- Direction
- positive
- Intensity
- 20
- Confidence
- 30%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.