ABC Money
Home

ITER fusion project to set up oversight group this month- China science minister


Published :
Wed, 17 Oct 2007 06:31
By : Agencies
Print this Story


AddThis Social Bookmark Button

BEIJING (XFN-ASIA) - An international group to oversee the international fusion project known as ITER will be formally established on Oct 24, said the Chinese Vice-Minister of Science and Technology, Li Xueyong.

China formally ratified the ITER agreement in September, Li said.

'We will positively fulfil our obligations under the terms of the agreement, and at the same time, share rights to the project,' he added.

ITER is an experimental fusion reactor being developed in conjunction with the EU, India, Japan, China, Russia, South Korea, and the US.

Costing a total of 15.5 bln usd, the project will generate power through the fusion of the hydrogen isotopes of deuterium and tritium extracted from sea water.

China will be responsible for 9 pct of the costs.

The practical applications of the technology are unclear, but the partners are hoping to use the research as a way of producing a long-term alternative to fossil fuels.

China has also launched a number of its own experimental fusion projects, including the 'artificial sun' reactor built by the China Academy of Sciences in 2005.

david.stanway@xinhuafinance.com

-

xfndds/xfnjanm

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




Share on


 You Might Like
China to continue actively developing stem cell research, GM crops - official
China says still open to space cooperation with US
+
Iraq: Private security cos. reviewed

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
10779.17
+45.50 ( 0.42 %)
NASDAQ
2391.28
+2.19 ( 0.09 %)
FTSE 100
5642.62
-2.01 ( -0.04 %)

SYMBOL ( 2010-03-18 )
LAST
CHANGE
GLAXOSMITHKLINE ( 12:35pm )
1272.00
+47.50 ( 3.83 %)
RECKITT BENCKISER ( 12:35pm )
3516.00
+36.00 ( 1.04 %)
SABMILLER ( 12:35pm )
1925.00
+36.00 ( 1.91 %)
BRITISH AMERICAN TOBACCO ( 12:35pm )
2263.50
+29.50 ( 1.33 %)
NORTHERN ROCK ( 11:35am )
182.00
+19.04 ( 11.20 %)

SYMBOL ( 2010-03-18 )
LAST
CHANGE
BOEING CO ( 4:01pm )
70.87
+1.49 ( 2.15 %)
3M COMPANY ( 4:02pm )
83.67
+1.49 ( 1.81 %)
IBM ( 4:00pm )
128.38
+0.62 ( 0.49 %)
DUPONT ( 4:01pm )
37.07
+0.58 ( 1.54 %)
HONEYWELL INTL INC ( 4:00pm )
43.43
+0.52 ( 1.21 %)

SYMBOL ( 2010-03-18 )
LAST
CHANGE
SOMAXON PHARMACEUTIC ( 4:00pm )
9.21
+5.27 ( 133.42 %)
NOVATEL INC ( 3:26pm )
38.80
+2.76 ( 7.65 %)
MEDCATH CORP ( 4:00pm )
12.15
+2.68 ( 25.55 %)
VERTICALNET INC ( 1:22pm )
7.10
+2.14 ( 40.76 %)
CHEMGENEX PHARM LTD ( 3:50pm )
16.00
+2.08 ( 14.86 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save money

Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.