The establishment of China Nuclear International Uranium Corporation (SinoU) at the end of 2006 marks the first and substantial step forward of the China National Nuclear Corporation (CNNC) to carry through the national strategy of “going out” to enhance the exploitation of foreign uranium resources.

SinoU is a wholly-owned subsidiary of CNNC, with independent enterprise legal personality. As a platform of CNNC for overseas uranium exploitation and project financing, the corporation undertakes overseas uranium exploration and exploitation, resources evaluation, construction of and investment to mines and milling plant, production and management of natural uranium, etc.

Based on the work carried out by the former Overseas Uranium Exploitation Dept. of CNNC, SinoU extensively gets in touch with and holds talks with foreign mining enterprises and resources exploration companies. Several cooperation intentions have been reached, and some projects have been carried out.

In Niger, SinoU has won the exploration permit at Teguida area, and is now applying for a mining permit at Azelik uranium deposit and dealing with matters related to the establishment of a joint venture company. For the moment, the early stage construction of Azelik mine and milling plant is in full swing. With more open visage, SinoU will continue to seek for cooperation opportunities in neighboring and African countries as well as other regions in the principle of mutual benefits and mutual interests, so as to create a new picture of overseas uranium exploitation.

With the strong support of the government and CNNC, SinoU will make full use of the internal team of talents of CNNC and the considerable experience in exploration, R&D and production, keep close ties with research and design institutes, carry out strategic cooperation with other domestic companies which are superior in foreign markets, enhance the scientific management of specific development projects, and make due contributions to the security of uranium supply and quickening the nuclear power development in China.

Contact us:

Add: 1 Nan San Xiang, San Li He, Xicheng Dist., Beijing 100822

P. O. Box 2102 Beijing

Tel: 86-10-68729938

Fax: 86-10-68729970

Http:// sinouranium.cnnc.com.cn/