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Wednesday, 05/10/2006 10:58:53 AM

Wednesday, May 10, 2006 10:58:53 AM

Post# of 79
Tungsten - China

China aims to build up strategic reserves of minerals such as
uranium, copper, and aluminum to help meet rising demand and provide a buffer against supply disruptions, the Ministry of Land and Resources said.

The nation aims to have "sufficient reserves" of uranium, and will start to build stockpiles of copper, aluminum, manganese, tungsten, and other minerals in the next few years, the ministry said in a statement on its Web site, citing a five-year government plan. The term "sufficient reserves" was not defined, and there were no specific targets for the eventual size of the mineral holdings.


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