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Russia and Kazakhstan sign nuclear deals
RUSSIA and Kazakhstan are to create two joint ventures to produce and process uranium into fuel for nuclear power plants. The ventures – being undertaken by the two countries' state-owned nuclear power firms, Rosatom and Kazatomprom – are the first signs that the joint declaration, signed in January by the countries' presidents, calling for co-operation in the peaceful use of nuclear power is beginning to bear fruit. Kazakhstan's prime minister, Danial Akhmetov, presided over the signing of the joint-venture agreements on 25 July. The first will bring Rosatom into a mining partnership at Kazatomprom's giant Budyennovsk uranium deposit. The second will allow the Kazakhstani company a share in a uranium processing plant at Angarsk, in eastern Siberia's Irkutsk region. Sergei Kirienko, the head of Rosatom, says the Kazakhstani mining venture will eventually yield some 5,000-6,000 tonnes a year (t/y) of uranium. Russia produces less than half that amount and output from ...Click here to continue reading Power
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