Blackhawk Mines Corp - Toshiba Operation 2012 - Small business forum Australia

Toshiba developing small N-reactor / Reactor to be used to mine oil sands in Canada; initial operation by 2020 eyed

The Yomiuri Shimbun

Toshiba Corp. has been developing a small nuclear reactor for mining oil sands at the request of a firm engaged in such mining projects in Alberta Province, Canada, and aims to begin operating the reactor by 2020, it has been learned.
As the situation regarding the construction of new nuclear power plants and reactors in Japan remains unclear, Toshiba's move will likely attract attention as an effort toward utilizing the nation's nuclear technology in fields other than power generation.
Oil sands are sandstone deposits which contain a viscous form of petroleum, and can be used as petroleum-based fuel. Compared with oil fields, it has so far been difficult to develop oil sands. However, technological advances have led to the promotion of oil sands development in Venezuela and Canada. Canada is said to have about 100 oil sands deposits totaling about 170 billion barrels--the equivalent of about 100 years' worth of petroleum consumption in Japan.

 

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