Wednesday, April 05, 2006

 

CHINA FACES HURDLES IN QUEST FOR AUSSIE RESOURCES

The Straits Times Saturday April 1, 2006

With the developing speed as China today, I believe this country is the most important consumer of material resources to some countries, especially to Australia. As the second-largest overseas market of Australia of coal, copper, tin, zinc, steel, aluminum, gold, nickel and gas, now, China also want to import uranium from Australia but with political and environment are the two causes make this market be hindered. Though uranium is the good resource to use in energy supply, it is also the resource to promote nuclear weapons. As the attacking of terrorism in recent, selling uranium to China might be the most target for the terrorists around the Philippine and Indonesia channel. After the number of attacking to USA and a part of Europe, there is too much constant fear of world population and cost a lot in internal security in every country. On the other hand, if China wants uranium to improve their energy supply, why not Australia keeps this resource themselves and improves their internal energy supply?

In my understanding, uranium is one of the most scarce resource and just focus in few countries such as Australia, Colorado, Utah, New Mexico, Arizona, and Wyoming. As its importance in use, human living can benefit from it supply to the world scarce energy or catch the falling as we use it in the wrong way.

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