A national nuke-used zirconium materials production facility, the first of its kind in China, is being built at the new and high-tech zone of Baoji city in the northwestern province of Shaanxi, a source with SNPTC-BaoTi Zirconium Industry Co Ltd said Sunday.
The project, also including the construction of a national R&D and test center for nuke-used zirconium materials, is expected to lessen China's reliance on imports of such materials.
Total investment in the project is estimated at 2.6 billion yuan ($380.67 million).
Covering 19.85 hectares, the project is expected to start production in October 2011.
The project is being implemented by SNPTC-BaoTi Zirconium Industry Co Ltd, which is a joint venture between the State Nuclear Power Technology Corp (SNPTC) and BaoTi Group based in Baoji.