Word: ores
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Dates: during 2000-2009
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...mistake: Beijing has not decided staying home is better than "Going Out." State companies are still sitting on mountains of cash, and although China's economy is slowing, officials see the global recession as a prime opportunity to cheaply acquire holdings of strategically important natural resources such as iron ore, copper, oil and gas - commodities China's leadership knows it will need much more of in the long run. In the past month, Chinese companies have bought assets abroad at an unprecedented pace. Aluminum Corp. of China (Chinalco), a major holding company focused on resources, has announced plans to invest...
...year on utilities. Van Jones, president of Green for All, made an impassioned plea to "give young people the chance to put down that handgun and pick up a caulking gun." Greg Nelson, official Middle Class Task Force liveblogger, commented on an argument among representatives from Portland, Ore., Los Angeles and Philly, who tried to out-green each other for the title of most environmentally friendly city. (See the top 10 green ideas...
...Madison and James Monroe all made their homes there. The land is also rich in uranium. But the state has had a moratorium on mining the nuclear fuel since 1982. Now, a group of landowners in rural Pittsylvania County is looking to make a fortune by digging up the ore, and, with talk of nuclear energy making a comeback following last summer's sky-high gas prices, the state is thinking about giving its blessing. The Virginia Commission on Coal and Energy is preparing to undertake a study on whether uranium can be extracted without contaminating the air or polluting...
...stakes are huge. The 30 or so landowners who formed Virginia Uranium Inc. say the two deposits they want to mine contain up to 120 million pounds of ore, enough to mine for decades. With uranium spot prices hovering around $47 a pound, the ore in Pittsylvania, never mind the rest of the state, is worth billions of dollars...
Only the moratorium stands in the way. The history of the ban begins in 1977, when the Marline Uranium Corp., a subsidiary of the Marline Oil Co., began looking for the ore around the state. (The U.S. Geological Survey has concluded that vast swaths of the Piedmont, between the low-lying Tidewater to the east and the Blue Ridge to the west, potentially hold uranium.) In two years Marline had found the monster deposits in Pittsylvania. The discovery touched off a hunt for uranium statewide, alarming communities along the eastern slopes of the Blue Ridge that didn't want...