State-owned China International Trust & Investment Corp (CITIC) has acquired a 7.5 pct interest in Australian gold and uranium explorer Southern Gold Ltd, giving it exposure to Australia's uranium mining and exploration sector, Forbes reported.

China's Sinosteel Corp. has agreed to buy a controlling stake in two uranium deposits in Australia's mineral-rich Outback, the first such purchase since Australia lifted a ban on uranium sales to China this year, International Herald Tribune reported.

Australian uranium exports to China could begin early next year, with Australia expected to capture about one third of the growing Chinese uranium market, International Herald Tribune reported.

Niger has awarded licences to a group of companies from China to explore for uranium to meet the Asian country’s soaring energy demands, Reuters reported.The exploration licences announced were the first for Chinese firms in Niger's uranium sector.

China is in a bid wit Austrlian uranium companies to secure nuclear fuel supplies to meet te countrie's soaring energy demand, news.com.au reported.  

Export-Import Bank of China, one of the nation's three policy banks, said it plans to raise about 1 billion US from an overseas bond sale this year, its first dollar-denominated bond sale in a year, Forbes reported.