Chad+Strategic+Minerals

=China Unlikely To Invest Heavily In Chad's Strategic Minerals Over The Next Five Years=

Executive Summary:
China is is unlikely to increase investments in Chad's strategic minerals, notably gold and uranium, in the next five years. Chad is rich in both gold and uranium, which are also two of its main exports. Chad does not have a well developed mineral industry, and is not a top priority for China in the next five years. China has a share of UraMin, which has an uranium exploration license in Chad.

Discussion:
Chad's main exports are oil, gold, and uranium which account for over 95 percent of total exports. Main export partners of Chad are the United States with 80 percent of the exports,China with 7 percent, and France with 6 percent. Chad lists petroleum, uranium, natron, kaolin, gold, limestone, sand, gravel, and salt as its main minerals. Chad is rich in uranium at Mayo Kebbi and Tibesti. China Guangdong Nuclear Power Company in 2008 invested in Areva's mining unit UraMin, and thereby gained access to more than half of its output and will form a nuclear engineering joint venture. UraMin currently holds exploration licenses in Chad.

** Analytic Confidence: **
Analytic confidence is medium. Source reliability ranges from medium to high. There is no conflict between sources. The analyst had low expertise on the subject, worked alone while also collaborating with a group, and did not use a structured analytic method. The subject is moderately complex and the deadline was moderately easy to meet.
 * Analyst:** RoseAnna Wright