Windpower to overtake nuclear in China by 2020
Published at: www.proactiveinvestors.com.hk
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Jack LiftonCo-founder and DirectorTechnology Metals Research, LLC
Rare Metals Investment News Updates, Today's Edition (RareMINUTES) 050709 NEODYMIUM
May 7, 2009
If China commits to producing 100 gigawatts of wind generated electricity by 2020 it will place this goal in its next two five-year plans as part of the official statement of the goals for the Chinese utility industry. If this happens then China's recent takeover of the Australian rare earth mining industry makes perfect sense. \ The Chinese, you see, like to make long term plans not only for economic goals but also for implementing the necessary steps in the value chain to achieve them.
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